PP is inversely proportional to Q3Q^3. Find the percentage change in PP when QQ is reduced by 20%. Answer ...%

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Worked solution

8

1. Express the new value of $Q$ after a 20% reduction.

Let the original value of QQ be QQ.

Reduced by 20%20\% means the new value is

80%×Q=0.8Q.80\% \times Q = 0.8Q.

2. Use inverse proportionality to find the percentage change in $P$.

Since PP is inversely proportional to Q3Q^3,

P∝1Q3.P \propto \frac{1}{Q^3}.

So

PnewPold=1(0.8Q)31Q3=Q3(0.8Q)3=10.83.\frac{P_{\text{new}}}{P_{\text{old}}}=\frac{\frac{1}{(0.8Q)^3}}{\frac{1}{Q^3}}=\frac{Q^3}{(0.8Q)^3}=\frac{1}{0.8^3}.

10.83=10.512=1.953125.\frac{1}{0.8^3}=\frac{1}{0.512}=1.953125.

Hence PP becomes 195.3125%195.3125\% of its original value.

Percentage increase:

195.3125%−100%=95.3125%.195.3125\%-100\%=95.3125\%.

Answer

95.3125%95.3125\% increase

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