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Discussion :: Percentage

  1. The tax on a commodity is diminished by 20% and its consumption increased by 15%. The effect on revenue is?
    2. A.
    It increases by 8%
    B.
    It decreases by 8%
    C.
    No change in revenue
    D.
    It increases by 10%
    E.
    None

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    Workspace

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    Answer : Option B

    Explanation :

    100 * 100 = 10000
      80 * 115 =   9200
                     -----------
    10000-----------800
    100-----------? => 8% decrease

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