When the price of radio was reduce by 20% its sale
increased by 80%. What was the net on the sale ?
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Answer:
Let the Price of an article is 100 RS and initially 100 Articles were sold.
Therefore total revenue = 100*100=10000 RS.
Now , When Price is reduced by 20% and sale is increased by 80%
Then Price of an Article will be 80 RS. and Total Articles sold will be 180
Therefore total revenue = 80*180= 14400 RS.
So, Profit% = (4400*100)/10000 = 44%
Step-by-step explanation:
Let the Price of an article is 100 RS and initially 100 Articles were sold.
Therefore total revenue = 100*100=10000 RS.
Now , When Price is reduced by 20% and sale is increased by 80%
Then Price of an Article will be 80 RS. and Total Articles sold will be 180
Therefore total revenue = 80*180= 14400 RS.
So, Profit% = (4400*100)/10000 = 44%
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