The price of sugar increases by 20% due to the festive season. By what percentage should a family reduce the consumption of sugar so that there is no change in the expenditure?
1
20%
2
\(8\frac{1}{3}\% \)
3
\(16\frac{2}{3}\%\)
4
\(16\frac{1}{3}\% \)
5
Question Not Attempted