Question

If the price is decreased by 12% and sale is increased by 10% then what will be the effect on income ? *

Answer 1

Answer:

Income before change = Sale Price - Cost Price

Income after change =(1+72%) Sale Price - (1-56%) Cost Price

Change in Income = 72% of Sale Price + 56% of Cost Price

To know absolute amount, one need to put value of Sale and Cost Price in the above formula.

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Step-by-step explanation: