when the price of clothes is reduced by 25%, the quantity of cloth sold increased by 20%.what was the effect on gross reciept of the shop??

• gross receipt = reduced quantity * increased quantity
  = [(100 - 25) * (100 + 20)]%
  = (75 * 120)%
  = 90
  
  therefore, effect on gross receipt = [100 - 90]% = 10%
• 10 years agoHelpfull: Yes(10) No(0)
• net effect =
  -25+20 + (-25)(20)/100 = -10%
• 10 years agoHelpfull: Yes(5) No(1)
• there is a formula in percentage...
  x+y+xy/100
  -25+20+(-25)(20)/100
  -10
  loss by 10%
• 10 years agoHelpfull: Yes(2) No(0)