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InterviewSolution
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The Tax On A Commodity Is Diminished By 10 % And Its Consumption Increased By 10 %. The Effect On The Revenue Derived From It Changes By K %. Find The Value Of K. |
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Answer» Directly USING the formula, when a value is increased by R% and then DECREASED by R%, then NET there is ( R∧2)/100 decrease. Putting R = 10, we get 1% decrease. Directly using the formula, when a value is increased by R% and then decreased by R%, then net there is ( R∧2)/100 decrease. Putting R = 10, we get 1% decrease. |
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