Profit and Loss - Arithmetic Aptitude Questions and Answers

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When the Price of fans was reduced by 20 %. The number of fans sold increased by 40 %. What was the effect on the sales of rupees?

12 % Increase

12 % decrease

30 % increase

40 % increase

Answer : Option A

Explanation :

Original cost of each is Rs. 100 and number originally sold be 100

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