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  • Increase or decrease in percentage with price


    If the price of a commodity increases by R%, then the reduction in consumption so as not to increase the expenditure will be,

    \begin{aligned}
    \left[ \frac{R}{(100+R)}\times 100 \right]\%
    \end{aligned}

    If the price of a commodity decreases by R%, then the increase in consumption so as not to decrease the expenditure will be

    \begin{aligned}
    \left[ \frac{R}{(100-R)}\times 100 \right]\%
    \end{aligned}