A trader dealing in pressure cookers reduced the price by $20 %$ as a result of which his sale went up by $80 %$ . What was the net effect on his sales income?

44 %

decrease

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44 %

increase

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66 %

increase

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66 %

decrease

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Solution

The correct option is B $44 %$ increase
The price of pressure cooker is $100$
Then new price $= 100 - 20 = 80$
Then $%$ of sale increased $= - 20 + 80 + \frac{- 20 \times 80}{100} = 60 - 16 = 44 %$

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Similar questions

A trader dealing in pressure cooker reduced the price by 20% as a result of which his sale went up by 80%. What was the net effect on his sales income?
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(B)44% increase
(C)66% increase
(D)66% decrease

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A trader dealing in pressure cookers reduced the price by 20% as a result of which his sale went up by 80%. What was the net effect on his sales income?

The correct option is B 44% increaseThe price of pressure cooker is 100Then new price =100−20=80Then % of sale increased =−20+80+−20×80100=60−16=44%

A trader dealing in pressure cookers reduced the price by $20 %$ as a result of which his sale went up by $80 %$ . What was the net effect on his sales income?

The correct option is B $44 %$ increase
The price of pressure cooker is $100$
Then new price $= 100 - 20 = 80$
Then $%$ of sale increased $= - 20 + 80 + \frac{- 20 \times 80}{100} = 60 - 16 = 44 %$