The price of a Maruti car rises by 30% while the sales of the car comes down by 20%. What is the percentage change in the total revenue?
Let the original price and sale be 10 unit each. Then original revenue collection = 10 X 10 = 100
New price = 10 X 1.3 = 13, New Sale = 10 X 0.8 = 8
New revenue collection = 104
Hence revenue is increased by 4%.
Moderation Team
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