Gmate
Exam
Numerical Ability
Percentage
The price of an article is reduced by 25% and its daily sale is increased by 30%. Find the net effect on the daily sale receipts?
Read Solution (Total 1)
-
- 2.5% decrease
Let initial price=100 and sale=100, then sale receipt=100*100=10000
New price=75, sale=130 and sale receipt=75*130=9750
So there is a decrease in sale receipt and % of decrease=[(10000 - 750)/10000]*100=2.5% - 6 years agoHelpfull: Yes(0) No(0)
Gmate Other Question