The price of petrol increases by 10%. By what percentage should a person reduce consumption so that the total expenditure on petrol increases by only 5%? (Round the answer to two decimal places.)

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

1. (A) 4.45%
2. (B) 4.35%
3. (C) 4.55%
4. (D) 4.15%

Verified Answer

Option (C): 4.55%

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