A

Admin • 828.70K Points
Coach

Q. When the price of a toy was increased by 20%, the number of toys sold was decreased by 15%. What was the effect on the sales of the shop ?

  • (A) 4% increased
  • (B) 4% decreased
  • (C) 2% increased
  • (D) 2% decreased
  • Correct Answer - Option(C)
  • Views: 9
  • Filed under category Math
  • Hashtags:

Explanation by: Admin
Let original of each toy be Rs. 100 and number originally sold be 100.
∴ originaly sale proceeds = Rs. (100 x 100) = Rs. 10000

New sale proceeds = Rs. (120 x 85) = Rs. 10200
∴ Increase% = (200 x 100 / 10000)% = 2%

You must be Logged in to update hint/solution

Discusssion

Login to discuss.

Be the first to start discuss.