when the sale price of an item was increased by 50%, there was a short fall of 20% in its sales. the percentage effect on the sales will be
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Step-by-step explanation:
Let the price of each article = rs 100
and consider 5 articles were sold.
then The seller gets rs 500.
If 50% is increased i.e rs 150 and sale decreased by 20% i.e 4 articles were sold.
Therefore the seller gets 150 × 4 = 600 rs.
It is a profit.
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