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NIELIT 2022 Feb Scientist D - Section C: 17

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On increasing the price of TV sets by $30 \%$, their sale decreases by $20 \%$. What is the effect on the revenue receipts of the shop?

  1. $4 \%$ increase
  2. $4 \%$ decrease
  3. $8 \%$ increase
  4. $8 \%$ decrease

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