The shopkeeper increased the price of a product by 25% so that customer finds difficult to purchase the required amount. But Somehow the customer managed to purchase only 70% of the required amount. What is the net difference in the expenditure on that product ?
A.55 more
B.10% more
C.12.5% less
D.17.5% less
Answers
Answered by
10
______✨ HEY MATE ✨_______
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SOLUTION :-
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Let initially the quantity and rate be 100 each.
Quantity*rate = Expenditure
100*100 = 10000
Now, Increase in price is 25% and new quantity is 70% of original.
Quantity*rate = Expenditure
70*125 = 8750
Decreased expenditure,
= 10000-8750 = 1250
% decrease,
= (1250*100)/10000
= 12.5%.
SO , Option (C) is the right answer ✔️
=============
SOLUTION :-
=============
Let initially the quantity and rate be 100 each.
Quantity*rate = Expenditure
100*100 = 10000
Now, Increase in price is 25% and new quantity is 70% of original.
Quantity*rate = Expenditure
70*125 = 8750
Decreased expenditure,
= 10000-8750 = 1250
% decrease,
= (1250*100)/10000
= 12.5%.
SO , Option (C) is the right answer ✔️
Answered by
2
The shopkeeper increased the price of a product by 25% so that customer finds difficult to purchase the required amount. But Somehow the customer managed to purchase only 70% of the required amount. What is the net difference in the expenditure on that product ?
A.55 more
B.10% more
C.12.5% less
D.17.5% less
Let initially the quantity and rate be 100 each.
Quantity*rate = Expenditure
100*100 = 10000
Now, Increase in price is 25% and new quantity is 70% of original.
Quantity*rate = Expenditure
70*125 = 8750
Decreased expenditure,
= 10000-8750 = 1250
% decrease,
= (1250*100)/10000
= 12.5%.
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