Question

the price of an article in increased by 20% and after that again decrease by 10% ,then actual change in the price of article is ?

Answer 1

hello.


Let the initial price of the article be 100Rs

And let the sale of the article be 100

Hence the total revenue = 100*100 = 10,000 Rs

If the initial price decreases by 20%, hence the price will be 80 Rs

And the sale increases by 10%, hence the sale will be 110.
Hence the total revenue will be 110 *80 = 8800 Rs

So there is loss of revenue = 10,000- 8800 = 1200 Rs

Hence
the percentage loss in the revenue  = (1200/10,000 )*100 = 12%


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#Vaish...


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