By selling the products at 75% of the marked price, a salesman sells 40% more products. If his revenue is increased by Rs. 2800/, what revenue did he make before he made the changes?
Answers
Answered by
8
Answer:
his revenue increases by 2800 which is due to the extra 40 sales minus what he loses by selling it at 75% of tea marked price
let x be the number of products he sold initially
let y be the cost of each product
then, 2800 = (0.4x) 0.75y - (0.25y) (x + 0.4x)
2800 = 0.3xy - 0.35xy
2800 = 0.05xy
xy = 2800/0.05
xy = 56000
revenue before he made changes is xy thus was 56000
Similar questions