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

• ans is b...-16%.
  (70/100)*(10/100)*x=(84/100)*x;
  means 1-(84/100)=16%loss
• 11 years agoHelpfull: Yes(3) No(3)
• 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....:-)
• 8 years agoHelpfull: Yes(1) No(0)
• Options are
  A. +16%
  B. -16%
  C. –15%
  D. +15%
• 11 years agoHelpfull: Yes(0) No(1)