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If the price of petrol increases by 25% and Benson intends to spend only an additional 15% on petrol, by how much percent will he reduce the quantity of petrol purchased?a.10%b.7%c.8%d.6%

Question

If the price of petrol increases by 25% and Benson intends to spend only an additional 15% on petrol, by how much percent will he reduce the quantity of petrol purchased?a.10%b.7%c.8%d.6%

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Solution

Let's solve this step by step:

  1. Assume the initial price of petrol is 1perlitre.So,for1 per litre. So, for 100, Benson can buy 100 litres of petrol.

  2. If the price of petrol increases by 25%, the new price per litre will be $1.25.

  3. If Benson decides to spend an additional 15% on petrol, he will now spend $115.

  4. With the new price of petrol, with 115,Bensoncanbuy115, Benson can buy 115/$1.25 =

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