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A consumer spends Rs.100 on a good priced at Rs.4 per unit. When its price falls by 25 per cent, the consumer spends Rs.75 on the good.

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A consumer spends Rs.100 on a good priced at Rs.4 per unit. When its price falls by 25 per cent, the consumer spends Rs.75 on the good. Calculate the price elasticity of demand by the percentage method.

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