If the price of a commodity is increased by 36%, by what percentage (rounded off to 1 decimal place) should its consumption be decreased so that the expenditure of the commodity stays the same?
26.5%
Using the formula for percentage decrease, the required percentage decrease in consumption is calculated as (Increase% / (100 + Increase%)) × 100, which gives 26.5%.
Important Questions from Input Output
When 12 is subtracted from a number, it reduces to its 40%. Two-fifth of that number is:
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