A) \[2\frac{1}{2}%\] increase
B) \[2\frac{1}{2}%\] decreases
C) \[2%\] increase
D) \[2%\] decrease
Correct Answer: D
Solution :
Let the price of article be Rs. 100 and the daily sale be 100 units. therefore Revenue per day = 100 x 100 =Rs. 10000 Case II New receipts = \[50\times 160\] = Rs. 8000 Decrease == Rs. (10000-8000) = Rs. 200 decrease %=\[\frac{200}{10000}\,\,100=2%\]You need to login to perform this action.
You will be redirected in
3 sec