Question

178) If the price of a machine increases by
20%, the sale decreases by 40%. What is the
effect on cash collected?
(A) 16% less (B) 28% less
(C) 20% less (D) 25% less​

Answer 1

Answer:

25 hope this is helpful

Answer 2

Answer:

(B) 28% less

Step-by-step explanation:

Let's assume the selling price of the machine is 100.

Then assume that 10 machines are sold in a month.

So value of total sales per month is 100*10= 1000.

Now the price of machine has gone up by 20%.

So selling price becomes 120.

Then, sales go down by 40%.

So, (40/100)*10=4.

Therefore,  machines sold 10–4=6.

Total sales 6*120=720.

Initial sale was 1000.  Current sale is720. i.e., 280 less than previous sale.

So, (280/1000)*100=28%.

Hence sales go down by 28%.