Question: The price of cooking oil has increased by 25%. The percentage of reduction that a family should effect in the use of cooking oil so not to increase the expenditure on this account is :
A
B
C
D
25%
B
30%
C
20%
D
15%
Note: Required reduction` = [r/((100 + r))] %`
`= (25/125 xx 100) = 20%`