# If the price of gasoline increases by 25% and Ron intends to spend only 15% more on gasoline, by what % should he reduce the quantity of petrol that he buys?

##### 1 Answer

Jul 26, 2016

8%

#### Explanation:

Suppose Ron buys quantity of gasoline today

Let today's price of gasoline be equal to

Ron spends on gasoline today

The new price of gasoline is (increase by

Ron wants to spend only

Quantity he buys at new rate

Reduction in quantity of purchase

% Reduction in quantity of purchase of gasoline