The price of sugar is increased by 4%. By how much percent should a home maker reduce her consumption of sugar to have no extra expenditure? Choices:  A) (300/103) %  B) (400/104) %  C) (100/107)%  D) (7/100)%  E) (100/700)%
Old price = $100 (assume);   Old consumption = 1 kg (assume).   New price = $104.   We want the spendings to remain at $100.   (New consumption)*104 = 100 --&gt; (New consumption) = 100/104 kg.   Percent decrease = Change/Original *100 = (1 - 100/104)/1*100 = 400/104%.   Answer: (400/104) %.
<result>B</result>
The price of sugar is increased by 4%. By how much percent should a home maker reduce her consumption of sugar to have no extra expenditure?