When the price of fans was reduced by 20%, the number of fans sold is increased by 40%. What was the effect on the sales in rupees?

12% decrease

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12 % increase

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30% increase

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40% decrease

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Solution

The correct option is B 12 % increase
Net effect = -20 + 40 - $\frac{20 \times 40}{100}$ = 12%
Hence, the sale increase by 12%

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When the price of fans was reduced by 20%, the number of fans sold is increased by 40%. What was the effect on the sales in rupees?

The correct option is B 12 % increaseNet effect = -20 + 40 - 20×40100 = 12% Hence, the sale increase by 12%

The correct option is B 12 % increase
Net effect = -20 + 40 - $\frac{20 \times 40}{100}$ = 12%
Hence, the sale increase by 12%