The cost of wheat reduced by 28%. How much percent its consumption increased such that the expenditure increases by 8%.

Question

The cost of wheat reduced by 28%. How much percent its consumption increased such that the expenditure increases by 8%.
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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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Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
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