When the price of TV set was increased by 30%, the number of TV sets sold decreased by 20%. What was the effect on rev

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Q 2244078853.     When the price of TV set was increased by 30%, the number
of TV sets sold decreased by 20%. What was the effect on
revenue?
IBPS-CLERK 2017 Mock Prelims
A

8% decreases

B

8% increases

C

4% increases

D

4% decreases

E

None of these

HINT


Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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