Question 11
If there is an increase of 25% and 4% successively in the sales of a car of brand X in two consecutive years, then the net increase in the sales after two years, is
Solution
Let say ,initial number of cars were x.
So,after two successive increment in sales of 25% and 4% would be=x×1.25×1.04=1.3x.
So,net increment would be ((1.3x-x)/x)×100
=30%.
D is correct choice.
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