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Ratio question ?
The price of oil is increased by 25%. If the expenditure is not allowed to increase, the ratio between the reduction in consumption and original consumption is?
2 Answers
- The GnosticLv 73 weeks agoFavorite Answer
If your consumption is C and the price is P per unit, then your expenditure is P×C.
If the new price is now 1.25×P, then to keep your expenditure the same, your consumption must be reduced to C/1.25 = (4/5)C
Ratio is 4/5.
- ?Lv 73 weeks ago
The price of oil is increased by 25%.
If the expenditure is not allowed to increase,
the ratio between the reduction in consumption
and original consumption is 1 : 5.
Source(s): https://askoranswerme.com/43591/
