Quantitative Aptitude Percentage

If the price of tea is increased by 40%, by how what percentage must the consumption of tea be decreased so as not to increase the expenditure?

1
\(28\frac{4}{7}\)%
2
\(35\frac{9}{2}\)%
3
\(15\frac{2}{9}\)%
4
\(31\frac{3}{5}\)%

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