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%
Solution
Let's solve this step by step:
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Assume the initial price of petrol is 100, Benson can buy 100 litres of petrol.
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If the price of petrol increases by 25%, the new price per litre will be $1.25.
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If Benson decides to spend an additional 15% on petrol, he will now spend $115.
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With the new price of petrol, with 115/$1.25 =
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