A television manufacturing company has decided to increase

Asked by admin @ 31/08/2021 in Math viewed by 955 People

A television manufacturing company has decided to increase the sale to beat the economic slowdown. It decides to reduce the price of television sets by 25% as a result of which the sales increased by 20%. What is the effect on the total revenue of the company?

Answered by admin @ 31/08/2021

Answer:

loss of 10 %

Step-by-step explanation:

rate *sale=revenue

100*100=10000

75*120=9000

now, (1000/10000)*100=10

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