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What is the effect on money receipt by the shopkeeper ?

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On decreasing the price of fans by 30%, the sale is increased by 20%.
What is the effect on money receipt by the shopkeeper ?

posted Dec 19, 2014 by Harshita Dhaliwal

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1 Answer

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Best answer

Money received drops by 16%.
Normal: 10 fans for 10$ = 100$
Now: 12 fans for 7$ = 84$

answer Mar 16, 2015 by Jcm



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