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The price of cloth was reduced by 25% and also the quantity of cloth sold increased by 20%. What was the effect on the gross receipt of the shop?a)5% increaseb)5% decreasec)10% increased)10% decreasee)15% increaseCorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about The price of cloth was reduced by 25% and also the quantity of cloth sold increased by 20%. What was the effect on the gross receipt of the shop?a)5% increaseb)5% decreasec)10% increased)10% decreasee)15% increaseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The price of cloth was reduced by 25% and also the quantity of cloth sold increased by 20%. What was the effect on the gross receipt of the shop?a)5% increaseb)5% decreasec)10% increased)10% decreasee)15% increaseCorrect answer is option 'C'. Can you explain this answer?.

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