recategorized by
652 views

1 Answer

Best answer
1 votes
1 votes

Let the initial price be 'P' and initial sales be 'S'

So, the initial revenue C = P*S

Now,

Pnew = 1.3P and Snew = 0.8S

$\therefore$ Cnew = Pnew*Snew = 1.3P*0.8S = 1.04C

So, there is a 4% increase in total revenue.

C is the answer.

selected by

Related questions

1 votes
1 votes
1 answer
1
makhdoom ghaya asked Jul 18, 2017
1,505 views
Instead of a metre scale, a cloth merchant uses a $120$ cm scale while buying, but uses an 80 cm scale while selling the same cloth. If he offers a discount of $20$ perce...
–1 votes
–1 votes
1 answer
3