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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? 
    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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