the price of an article is reduced by 25% but the daily sale of the article is increased by 30%the net effect on the daily sale recipient is
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Step-by-step explanation:
Let the price of the article be ₹100 and the daily sale be 100 units.
∴ Revenue day = 100 × 100 = ₹10000
New receipts = 75 × 130 = ₹9750
Decrease = ₹(10000 – 9750) = ₹250
∴ % decrease
=
250× 100 = 2
110000 2
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