When prices rise by 12%, if the expenditure is to be same, what is the – McqOptions

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1.	When prices rise by 12%, if the expenditure is to be same, what is the percentage of consumption to be reduced?
A.	\(16\frac{2}{3}\%\)
B.	\(10\frac{2}{7}\%\)
C.	\(16\frac{3}{5}\%\)
D.	\(10\frac{5}{7}\%\)
Answer» E.

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