Every month, a man consumes 20 kg of rice and 8 kg of wheat. The price of rice is 20% of the price of wheat, resulting in a total expenditure of ₹300 ...

Question

Every month, a man consumes 20 kg of rice and 8 kg of wheat. The price of rice is 20% of the price of wheat, resulting in a total expenditure of ₹300 per month for rice and wheat combined. If the price of wheat is increased by 20%, what percentage reduction in rice consumption is needed to maintain the same expenditure of ₹300? (Given that price of rice and consumption of wheat is constant.)

Options

A.

24%

B.

22%

C.

40%

D.

38%

expenditureprice increasepercentage reductionrice consumptionwheat price

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