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If prices are reduced by 20% and sales are increased by 15%, what is the net effect on gross receipts?a)They increase by 8%.b)They decrease by 8%.c)They remain the same.d)They increase by 10%.Correct answer is option 'B'. Can you explain this answer? for Electrical Engineering (EE) 2025 is part of Electrical Engineering (EE) preparation. The Question and answers have been prepared according to the Electrical Engineering (EE) exam syllabus. Information about If prices are reduced by 20% and sales are increased by 15%, what is the net effect on gross receipts?a)They increase by 8%.b)They decrease by 8%.c)They remain the same.d)They increase by 10%.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Electrical Engineering (EE) 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If prices are reduced by 20% and sales are increased by 15%, what is the net effect on gross receipts?a)They increase by 8%.b)They decrease by 8%.c)They remain the same.d)They increase by 10%.Correct answer is option 'B'. Can you explain this answer?.

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