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 ?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 ie 60%.
P × Q = S Receipt
100 → -25% →75 → +x% → 45 → 120
(45/75)% = (3/5) × 100 = 60%