Practicing Success
When the price of commodity is decreased by 45%, the quantity of cloth sold increased by 30%. What was the effect on gross receipt of the shop? |
16.5% 30.5% 26.5% 28.5% |
26.5% |
Original : New Price: 20 : 11 [45% = \(\frac{9}{20}\)] Qty : 10 : 13 [30% = \(\frac{3}{10}\)] —————————— Receipt: 200 : 143 200 : 143 ⇒ 53 (decrease) Decreased percentage = \(\frac{53}{200}\) × 100 = 26.5% |