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Answer: C. \(16\frac{2}{3}\)%

Answer: (C) \(16\frac{2}{3}\)%

Shortcut: reduction = \(\frac{r}{100+r} \times 100 = \frac{20}{120} \times 100 = 16\tfrac{2}{3}\%\).

Plain: price 100 → 120. To keep spending at 100, consumption must be 100/120 of before, i.e. a cut of 1/6 = 16⅔%.

Doubtly AI · 27 Oct 2026 AI-generated · not yet verified Report
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