there is no difference in furniture reduced by 20% and furniture reduced to 20% {T/F}
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Let initial price of a chair was X Rs and number of chair sold was Y.
So, Initial total earning =X×Y=XY Rs
Now, price reduce by 20%.
So, New price =X−20% of X=0.8X
Number of chairs sold increased by 80%
∴Number of chairs sold=Y+80% of Y=1.8Y
New total earning =0.8X×1.8Y=1.44XY Rs
Increase in sales =1.44XY−XY=0.44XY Rs
Increase in percentage=
Initial Earning
Increase×100
= 4℅
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Answer:
4% answer of this question
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