When the price of a toy was increased by 20 % of the number of toys sold was decreased by 15 %. What was the effect on the sales of the shop?

A. 4 % increase
B. 4 % decrease
C. 2 % increase
D. 2 % decrease

Explanation:

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

Original sale proceed = Rs. (100 × 100) = Rs. 10000

New sale proceed = Rs . (120 ×85) = Rs. 10200

Increase % = (200/10000 × 100)% = 2%

Correct Answer: 2 % increase ✔

Last Updated: February 07, 2020