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2. The sale decreased by 5 % due to the increase in the selling price by 10 %. Whatis the percentage increase in profit? |
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Answer» Suppose 100 items of 10 rs sold initially so initially 1000 Rs. now sale decreased by 5% so 95 and selling price increased by 10% so 11 so now total 95×11 = 1045 so percentage increase in profit = (1045-1000)*100/1000 = 45/10 = 4.5 % |
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