MCQOPTIONS
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| 1. |
When the demand of a commodity decreases by 10% the shopkeeper increases its price by 15%. Find the effect on his sales revenue in per cent. |
| A. | 3.5% (Increase) |
| B. | 4.5% (Increase) |
| C. | 5.5% (Increase) |
| D. | 6.5% (Increase) |
| Answer» B. 4.5% (Increase) | |