Improve the bracketed part of the sentence. Higher crude oil prices have doubtlessly provided a significant fiscal boost in the past several months, although any (flair on) going forward can lead to a price spiral that would have other untoward consequences as well.
If price of an article decreases from Rs P1 to Rs 75, quantity demanded increases from 1000 units to 1200 units. If point elasticity of demand is 3.2 findmP1?