The tax on a commodity is diminished by 25% but its consumption is increased by 10%. Find the decrease percent in the revenue derived from it?  Choose the correct choice from the following.
A) 12%
B) 14%
C) 16%
D) 20%
E) 17.5%
17.5%xplanation:   100 * 100= 
<gadget id="calculator">100 * 100</gadget>
<output>10_000</output>
10000   75 * 110= 
<gadget id="calculator">75 * 110</gadget>
<output>8_250</output>
8250   10000------- 1750   100 ------- ?= 17.5%   17.5%)
<result>E</result>
The tax on a commodity is diminished by 25% but its consumption is increased by 10%. Find the decrease percent in the revenue derived from it?