The price of an article increased by 25% due to which its sale decreased by 40%. Find the percentage decrease in the revenue generated.
Question
Solution 1
Step 1: Understand the problem
The problem is asking for the percentage decrease in revenue. Revenue is calculated as the product of the price and the quantity sold. In this case, the price of an article increased by 25% and its sale decreased by 40%.
Step 2: Calculate the new price and new quanti Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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