When the price of an item was reduced by 25%, then its sale was increa
| When the price of an item was reduced by 25%, then its sale was increased by x%. If there is an increase of 20% in the receipt of the revenue, then the value of x will be
A. 45
B. 50
C. 60
D. 75
Right Answer is: C
SOLUTION
Let the initial price be = 10
Initial sale = 10
Total income = 100
New price
New sale
Price × sale = Total income
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When the price of an item was reduced by 25%, then its sale was increa