in the new budget the price of wheat rose by 8 %. by how much percent must a person reduce his consumption so that his expenditure on it does not increase?  Select the correct option:
A) 7.5 %  B) 7.41 %  C) 10.9 %  D) 12.6 %  E) 15 %
<gadget id="calculator">8 / 100</gadget>
<output>2/25 = around 0.08</output>

<gadget id="calculator">(2/25) + 1</gadget>
<output>27/25 = around 1.08</output>

<gadget id="calculator">(2/25) / (27/25)</gadget>
<output>2/27 = around 0.074074</output>

<gadget id="calculator">(2/27) * 100</gadget>
<output>200/27 = around 7.407407</output>

<result>B</result>
in the new budget the price of wheat rose by 8 %. by how much percent must a person reduce his consumption so that his expenditure on it does not increase?
multiply(divide(divide(8, const_100), add(divide(8, const_100), const_1)), const_100)
reduce in consumption = r / ( 100 + r ) * 100 % = 8 / 108 * 100 = 7.41 % answer is b