The cost of wheat reduced by 28%. How much percent its consumption increased such that the expenditure increases by 8%.
Question
Solution 1
Let's solve this step by step:
Step 1: Let's assume the initial cost of wheat is 100 units. After a reduction of 28%, the new cost of wheat is 72 units.
Step 2: Let's also assume the initial consumption of wheat is 100 units. If the expenditure increases by 8%, the new expenditure is 108 units.
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