The price of sugar increases by 20% due to the festive season. By what percentage should a family reduce the consumption of sugar so that there is no change in the expenditure?

The price of sugar increases by 20% due to the festive season. By what

1.	The price of sugar increases by 20% due to the festive season. By what percentage should a family reduce the consumption of sugar so that there is no change in the expenditure?
A.	20%
B.	\(8\frac{1}{3}\% \)
C.	\(16\frac{2}{3}\%\)
D.	\(16\frac{1}{3}\% \)
Answer» D. \(16\frac{1}{3}\% \)