Mathematics
NULL
Medium
Question
An item's price rises 15%. By what percent must consumption fall to keep expenditure unchanged?
A
0.10869565217391
B
0.1304347826087
✓ Official correct answer
C
0.16666666666667
D
0.15
Community credibility
Registered members can vote for the answer they believe is correct today and explain why. If the facts change after an election or news event, suggest a new option so others can vote it up.
A
0.10869565217391
No member explanations yet for this option.
B
0.1304347826087
No member explanations yet for this option.
C
0.16666666666667
No member explanations yet for this option.
D
0.15
No member explanations yet for this option.
Explanation
Cut = 15/115 ≈ 13.04% (option 0.1304…).