The consumption increases by 30% if the tax decreases by 30%. Find the percentage increase or
decrease in revenue.
[Ans. 9% decrease]
Answers
Answered by
6
Answer:
Consumption=100
After increase=130
Tax after decrease=130x70/100 =91
decrease in revenue=100-91=9%
Answered by
13
Answer:
Step-by-step explanation:
Assume total amount=₹100
Tax decreases=100-30=70
Increase in consumption=100+30=130
Total amount=100 X 100=10000
After change=130 X 70=9100
Decrease%=decrease/total amo. X 100
10000-9100/10000 X 100
900/10000 X 100=9%
Ans=9% decrease
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