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By selling the products at 75% of the marked price, a salesman sells 40% more products. If his revenue is increased by Rs. 2800/, what revenue did he make before he made the changes? |
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Answer» Answer: his REVENUE increases by 2800 which is due to the extra 40 sales minus what he loses by selling it at 75% of tea marked price let X be the number of PRODUCTS he sold initially let y be the cost of each product then, 2800 = (0.4x) 0.75y - (0.25y) (x + 0.4x) 2800 = 0.3xy - 0.35xy 2800 = 0.05xy xy = 2800/0.05 xy = 56000 revenue before he made changes is xy thus was 56000 |
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