What is price of a pair of sandles is decreased by 10% the number of pair sold incresed by 20%. What is net effect on sells?
A. 8 % decreases
B. 10 % decreases
C. 8 % increases
D. 10 % increases
Answer : D. 8 % increases
Explanation:
Let the original price be Rs. 100.
New final price = 120 % of (90 % of Rs. 100)
= Rs. (120/100 * 90/100 * 100)
= Rs. 108.
Increase = 8%
