Percentage Practice Test 8 with solutions

Question : 21 of 38

Marks: +1, -0

The selling price of certain commodity was reduced by 25%. As a result of it, the sales increased by 30%. What was the effect of it on cash collected by daily sales?

2.5% decrease
2.5% increase
5% decrease
5% increase

Validate

Solution:

Let the selling price of a commodity be Rs. 100 and number of sales = 100 units
Decrease in daily cash = 100 × 100 – 75 × 130 = Rs. 250
Hence, decrease percentage

={250×100}/{100×100}=2.5%

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