Every month, a man consumes 20 kg of rice and 8 kg of wheat. The price of rice is 20% of the price of wheat, resulting in a total expenditure of ₹300 per month for rice and wheat combined. If the price of wheat is increased by 20%, what percentage reduction in rice consumption is needed to maintain the same expenditure of ₹300? (Given that price of rice and consumption of wheat is constant.)

1
40%
2
38%
3
24%
4
22%

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