The Shopkeeper increased the price of a product by 25% so that customer finds it difficult to ...

The Shopkeeper increased the price of a product by 25% so that customer finds it difficult to purchase the required amount. But somehow the customer managed to purchase only 60% of the required amount. What is the net difference in the expenditure on that product?

Quiz

Answer/Solution

25%

Steps/Work

Quantity X Rate = Price
1 x 1 = 1
0.6 x 1.25 = 0.75
Decrease in price = (0.25/1) × 100 = 25%
A)

General Calculator / Auto Solver

The shopkeeper increased the price of a product by % so that customer finds it difficult to purchase the required amount. But somehow the customer managed to purchase only % of the required amount. What is the net difference in the expenditure on that product?

Calculated Answer

25

Step by Step Solution

In order to solve problem, you must evaluate ((100 * 100 - n1 * (n0 + 100)) * 100) / (100 * 100).

n0 =25
n1 =60