The price of sugar is increased by 8%. By how much percent should a home maker reduce her consumption of sugar to have no extra expenditure?
Choose one:
A) (800/108) %	B) (107/100) %	C) (100/107)%	D) (7/100)%	E) (100/700)%
Old price = $100 (assume);   Old consumption = 1 kg (assume).   New price = $108.   We want the spendings to remain at $100.   (New consumption)*108 = 100 --&gt; (New consumption) = 100/108 kg.   Percent decrease = Change/Original *100 = (1 - 100/108)/1*100 = 800/108%.   (800/108) %nswer: (800/108) %.
<result>A</result>
The price of sugar is increased by 8%. By how much percent should a home maker reduce her consumption of sugar to have no extra expenditure?