A) \[2\frac{1}{2}%\] increase
B) \[2\frac{1}{2}%\] decrease
C) 2% increase
D) 2% decrease
Correct Answer: B
Solution :
Let the price of the article be Rs. 100 and the daily sale be 100 units. \[\therefore \] Revenue day \[=100\times 100\] \[=Rs.\,10000\] Case II New receipts \[=75\times 130=Rs.\,9750\] Decrease \[=Rs.(10000-9750)=Rs.\,250\] \[\therefore \] % decrease \[=\frac{250}{10000}\times 100=2\frac{1}{2}%\]You need to login to perform this action.
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