The price of sugar is increased by 7%. By how much percent should a home maker reduce her consumption of sugar to have no extra expenditure?	Choose the correct choice from the following choices:  A) (700/107) %  B) (107/100) %  C) (100/107)%  D) (7/100)%  E) (100/700)%
Old price = $100 (assume);   Old consumption = 1 kg (assume).   New price = $107.   We want the spendings to remain at $100.   (New consumption)*107 = 100 --&gt; (New consumption) = 100/107 kg.   Percent decrease = Change/Original *100 = (1 - 100/107)/1*100 = 700/107%.   (700/107) %nswer: (700/107) %.
<result>A</result>
The price of sugar is increased by 7%. By how much percent should a home maker reduce her consumption of sugar to have no extra expenditure?