If a remote train fare increases by 25%, the passenger population decreases by 20% The percentage of income increases or decreases
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Answer:
let earlier no. of passenger be x
and cost of fair be y
then total income x×y
now increase fair =y+y×25%=1.25y
new no. of passenger =x-x×20%=.80y
so new total income=1.25y×.8x
=1.000 xy=xy
so % increases or decrease=0%
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