Latest SSC Aptitude Question SOLUTION: When the price of an article was reduced by 20 its sales increased by 80 what was the net effect on the sale?.

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(#M40034274) SSC Numerical Ability question profit and loss Keep an EYE

When the price of an article was reduced by 20 its sales increased by 80 what was the net effect on the sale?.

Asked In SSC sandhya (10 years ago)

Solved SUDHIR SHARMA Read Solution (5)

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SUDHIR SHARMA  (10 years ago)

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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Vivek  (10 years ago)

Before change in the price:
Total sale= 100*100=10,000;

After change in the price:
Total sale= 180*80=14,400;

Profit= 4,440/-
%Profit=44.

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ajit jha  (10 years ago)

44 % is correct answer

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supreet  (9 years ago)

20 + 20 + (20x20) /100 = 44 %

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Vivishni Manjutha.P  (9 years ago)

let article prize be 100
100 reduced to 20
100 rs article is increased by 80 (ie.180)
again 100-80=20
reduced =20
increased=20
(20+20) + (20*20)/100=44%

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