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      Question

      When the price of sugar gets raised by 50%, a person

      increases his expenditure on sugar only by 25%. By what percentage (correct up to two decimal places) should he reduce his consumption of sugar?Β 
      A 12.75% Correct Answer Incorrect Answer
      B 15.75% Correct Answer Incorrect Answer
      C 16.75% Correct Answer Incorrect Answer
      D 11.54% Correct Answer Incorrect Answer

      Solution

      The correct answer is C

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