Question

A dealer dealing with pressure cooker reduces the price by 20% . As a result of which his sale increased by 80% . What effect will it have?

a) 44% increase.
b) 66% increase.
c)44% decrease.
d)66% decrease.

Answer 1

Let the MRP=100
& His original sales=100
:.His original sales value=100×100=10000
ATQ-
MRP reduced by 20%=100-20=80
& his sales increase by 80%=100+80=180
:.his current total earnings=80×180=14400
Now,
Gain=14400-10000=4400
:.Gain%=Gain/original value×100
4400/10000×100
=44%
(ÆÑẞWĒR)