The price of a T. V. set is decreased by 25% as a result of which the sale increased by 20%. What will be the effect on the total revenue of the shop?
Answers
The effect on the total revenue of the shop is 10%.
Explanation:
Let original price per TV = 100 Rs
Let's assume original sale = 100 TVs
Total revenue = (100×100) = 10,000 Rs
New revenue = (75×120) = 9000 Rs
Decrease in revenue = (1000/10000×100%) = 10%
Hence the effect on the total revenue of the shop is 10%.
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Man sells tv set for Rs. 3450 and makes profit 15% . He sells another tv at a loss of 10% . If there is no loss or gain in the whole transaction find the selling price of the second tv. ?
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Answer :-
The effect on the total revenue of the shop is 10%.
Explanation:
Let original price per TV = 100 Rs
Let's assume original sale = 100 TVs
Total revenue = (100×100) = 10,000 Rs
New revenue = (75×120) = 9000 Rs
Decrease in revenue = (1000/10000×100%) = 10%
Hence the effect on the total revenue of the shop is 10%.
Also learn more
Man sells tv set for Rs. 3450 and makes profit 15% . He sells another tv at a loss of 10% . If there is no loss or gain in the whole transaction find the selling price of the second tv.
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