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Question

When the price of TV set was increased by 30% the no. of TV sets sold decreased by 20%. What was the effect on the sales ?
  1. 8% decreased
  2. 8% increased
  3. 4% decreased
  4. 4% increased

A
4% decreased
B
8% decreased
C
8% increased
D
4% increased
Solution
Verified by Toppr

Effect on sale =30+(20)+30×(20)100
=3020600100=4
Hence the sales increased by 4%.

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