The Shopkeeper increased the price of a product by 75% so that customer finds it difficult to purchase the required amount. But somehow the customer managed to purchase only 140% of the required amount. What is the net difference in the expenditure on that product? a) 12.5 b) 26.0 c) 13.5 d) 17.5 e) 19.8

1 Answer

Answer :

Answer: D

 Quantity×Rate=Price

 1x1=1

 1.4x1.75=2.45

 Decrease in price = (0.175/1) × 100

 = 17.5%

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