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QWhat was the impact on total revenue when the price of a product was decreased by 10% and the number sold increased by 30%?
ID: #4540
Percentage
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The original price of the product was Rs.100 and 100 pieces were sold, resulting in total revenue of Rs.10000.
After decreasing the price by 10% and increasing the number sold by 30%, the new revenue was Rs.11700. This represents an increase in revenue of 17%.
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