In a town water tax is increased by 20%and the consumption of water is decrease by 20% what is effect on revenue from water tax
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assume total amount is 100
increased tax = 100+20 = 120
decrease in consumption = 100-20 =80
total amount 100*100 = 10000
after change 120*80 = 9600
(10000-9600/10000)*100 = 4 % decrease
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