When the price of cloth was reduced by 25%, the quantity of cloth sold increased

Question

When the price of cloth was reduced by 25%, the quantity of cloth sold increased by 20%. What was the effect on gross receipt of the shop?

Options:

A . 5% decrease

B . 10% decrease

C . 10% increase

D . 5% increase

Answer: Option B
Answer: (b)
Using Rule 5,
Required per cent effect = $(20 - 25 - {20 × 25}/100)%$
=(–5 – 5)% = – 10%
Negative sign shows decrease

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