due to increase of 30% in price of colour TV the sale is reduced to 40% then what will be the percentage of change of income
Answers
Answered by
37
let original sale be Rs. 100
sale when it decreased by 40% 100-40-60
Sale of Rs. 60 with increase of 30%=78
This is (100-78)=22 less than the original sale
so decrease in sale is 22%
sale when it decreased by 40% 100-40-60
Sale of Rs. 60 with increase of 30%=78
This is (100-78)=22 less than the original sale
so decrease in sale is 22%
Answered by
24
Answer:
The loss percentage is 22%.
Step-by-step explanation:
Given : Due to increase of 30% in price of colour TV the sale is reduced to 40%.
To find : What will be the percentage of change of income ?
Solution :
Let us take the original price be 100.
Increase of 30% in price of colour TV,
i.e.
Then it is reduced to 40%,
i.e.
So, The cost price is Rs.100.
The selling price is Rs.78.
As CP>SP there is a loss.
Loss = CP-SP
Loss = 100-78
Loss = Rs.22
Loss percentage is given by,
Therefore, The loss percentage is 22%.
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