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Question

On decreasing the price of T.V. sets by 30%, its sale is increased by 20%. What is the effect on the revenue received by the shopkeeper ?

This question was previously asked in
UPSSSC PET 2021 Question Paper (24-Aug-2021) (Shift 2)
The correct answer is

16% decrease

A result of -16% means the revenue has decreased by 16%. sets decreased by 30% and the sales increased by 20%, the shopkeeper experienced a 16% decrease in revenue.

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