14
Q:
A) 16% | B) 14.5% |
C) 12% | D) 10.5% |
Answer: A) 16%
Explanation:
Explanation:
Let cost of each cell phone = Rs.100 & Sale = 100 phones.
Money receipt = Rs.(100 x 100) = Rs.10,000
New cost per cellphone = Rs.120 and New sale = 70 phones
New Money Receipt = Rs.(70 x 120) = Rs.8400
Then the effect of sales = decrease in money receipt =