the price of fans was reduced by 20%
mber of fans sold is increased by 40%.
was the effect on the sales in rupees?
please tell in full explanation
Answers
Answered by
2
Step-by-step explanation:
Let the price of fan be 'x' and number of fans be 'y'
Sales of fan = x×y = xy
20% reduce in cost = (100-20)% = 80% of x =. 80x/100 = Rs 0.8x
40% of increase in selling = (100+40)% = 140% y = 140y/100 = 1.4y
News sales = 0.8x × 1.4y = 1.12xy
Increase sales = (1.12xy - xy) = 0.12xy
Profit % in sales = (0.12xy/xy)×100 = 12
Hence sales increase by 12%
Similar questions