Question

When the price of a bicycle is
reduced by 20%, the number of
bicycles sold increases by 20%.
What was the impact on store
sales?
​

Answer 1

Step-by-step explanation:

sp =.8p, p is price of bicycle

no. of bicycles sold = 1.2n

.8×1.2n= .96n

1-.96= .04=4%

loss of 4%

I hope this helps