When the price of a toy was increased by 20 % | vedclass

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(A) Let the original price of one toy be $₹ 100$ and the original number of toys sold be $100$.Original total sales $= 100 	imes 100 = ₹ 10000$.New p

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$2 \%$ increase

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(A) Let the original price of one toy be $₹ 100$ and the original number of toys sold be $100$.Original total sales $= 100 	imes 100 = ₹ 10000$.New price after $20 \%$ increase $= 100 + 20 = ₹ 120$.New number of toys sold after $15 \%$ decrease $= 100 - 15 = 85$.New total sales $= 120 	imes 85 = ₹ 10200$.Increase in sales $= 10200 - 10000 = ₹ 200$.Percentage increase $= \frac{200}{10000} 	imes 100 \% = 2 \%$ increase.

When the price of a toy was increased by $20 \%$,the number of toys sold was decreased by $15 \%$. What was its effect on the total sales of the shop?

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