Net Percentage Change in Revenue

CAT 1996 Slot 1 · QA · Easy · QA

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The price of a Maruti car rises by 30%30\% while the sales of the car come down by 20%20\%. What is the percentage change in the total revenue?

  1. A.

    –4%

  2. B.

    –2%

  3. C.

    +4%

  4. D.

    +2%

Answer

C

Explanation

Net change =30−20+30×(−20)100=10−6=+4%= 30 - 20 + \frac{30 \times (-20)}{100} = 10 - 6 = +4\%.

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