The price of a certain item is increased by 15%. If consumer wants to keeps his expenditure on the item same as before, how much percent must he reduce his consumption of that item ?

The price of a certain item is increased by 15%. If consumer wants to

1.	The price of a certain item is increased by 15%. If consumer wants to keeps his expenditure on the item same as before, how much percent must he reduce his consumption of that item ?
A.	$10\frac{20}{{23}}\% $$
B.	$13\frac{1}{{23}}\% $$
C.	$16\frac{2}{{3}}\% $$
D.	$15\% $$
Answer» C. $16\frac{2}{{3}}\% $$

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The price of a certain item is increased by 15%. If consumer wants to keeps his expenditure on the item same as before, how much percent must he reduce his consumption of that item ?

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