A2. In order to increase the sale of toys, a toy seller decreases the price of all the toys in his shop
by 5%. If the original price of each toy is 2650, what is its reduced price?
Please solve problem with Statement also
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Step-by-step explanation:
Solution:
Let the original of each = ₹ 100.
Let no. of originally sold = 100.
Therefore the original sales proceeds = 100 ×100 = 10000.
New sales proceeds = 120 × 85 = 10200.
Increase % = 200/100 × 10000 = 2%.
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