Naked Science Forum

Non Life Sciences => Physics, Astronomy & Cosmology => Topic started by: fortengc on 01/03/2011 02:50:54

Title: STABLE PROFIT?
Post by: fortengc on 01/03/2011 02:50:54

The price of a product is reduced hy 12%. By what percentage must
the sales grow, if the profit should he the same ?

Title: STABLE PROFIT?
Post by: fortengc on 01/03/2011 02:59:14

New revenue must equal old revenue
(0.88p)y = px where y is the new number of items sold
y = (px)/(0.88p)
y = x/0.88
y = 1.1364 x
----
The number of items sold must increase by 13.64%

Title: STABLE PROFIT?
Post by: syhprum on 01/03/2011 17:18:45

Why are we being subjected to junior school arithmetic