Question

when the price of an article was reduced by 15% the sale of the article is increased by 20% what was the effect on the sales

Answer 1

Answer:

There will be a loss . Let us take an example of this:

cp=200 and if we have to take out it's SP with a loss of 15% then the answer will be 170 .Now increase it's sp with 20% then you will observe the answer will be 196 which is not the same to 200 and even it is not larger than 200 .So there is a loss .( of RS 6 ( in this case. ))