Latest self Aptitude Question SOLUTION: Due to a 30% fall in price sales in a shop rise by 20%. What is the effect on income?

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(#M40017674) SELF question 2 Keep an EYE

Due to a 30% fall in price sales in a shop rise by 20%. What is the effect on income?

Anup Satpathy (12 years ago)

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ashish ranjan  (12 years ago)

ans is b...-16%.
(70/100)*(10/100)*x=(84/100)*x;
means 1-(84/100)=16%loss

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vishnu prasad koduri  (8 years ago)

Let us assume there are 50 pieces each of 100 rupees then cost is 50*100=5000/-

Now price reduced by 30%... so it becomes 70 rupees and sales increased by 30% so pieces becomes 60 ( because 20% of 50 is 10 so total is 50+10)

Now cost price is 70*60=4200/-

So there is loss of 800....

loss %=800/5000 *100 ( Here we have to consider the initial cost price,initially it was 5000 )

16% loss....:-)

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Anup Satpathy  (12 years ago)

Options are
A. +16%
B. -16%
C. –15%
D. +15%

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