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On decreasing the price of T.V. sets by 30%, its sale is increased by 20%. What is the effect on the revenue received by the shopkeeper?
  • a)
    10% increase
  • b)
    10% decrease
  • c)
    16% increase
  • d)
    16% decrease
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
On decreasing the price of T.V. sets by30%, its sale is increased by20...
As we know, Loss =C.P – S.P; Loss
Let the price of Tv be x. Let The price of Tv sold be y. And Total original sell price be xy.
Now the price after 30% reduction = 
Tv sold after increased by 
Total new sell price=
Loss =( Total original sell price − Total new sell price )
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On decreasing the price of T.V. sets by30%, its sale is increased by20%. What is the effect on the revenue received by the shopkeeper?a)10%increaseb)10%decreasec)16%increased)16%decreaseCorrect answer is option 'D'. Can you explain this answer?
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