There is 40% decreased in price on a sale it is further decreased by 5% find the total fecreased percentage
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Answer:
Step-by-step explanation:
Let,
x=price of product,y=number of products sold
new price=0.9x, new number of products sold=1.3y
Total increase in revenue= Final revenue- initial revenue=0.9x∗1.3y−xy=1.17xy
Increase in percentage=(1.17xy−xy)/xy×100
=0.17×100=17%
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