The price of an article is reduced by 30% but the daily sale of the article increased by 35%. The net percentage effect on the daily sale receipts is:
Answer & explanation
Correct answer: option 4
30% = \(\frac{3}{10}\)
35% = \(\frac{27}{20}\)
Price = 10 7
Sale = 20 27
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200 187
Daily receipt educed by 13 = \(\frac{13 × 100}{200}\) = 6\(\frac{1}{2}\)%