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When the price of cloth was reduced by 25%, the quantity of cloth sold increased by 20%. What was the effect on gross receipt of the shop?
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- 5% increase
- 5% decrease
- 10% increase
- 10% decrease
Correct Option: D
Using Rule 5,
Required per cent effect
| = |  | x + y + |  | % | |
| 100 |
=(–5 – 5)% = – 10%
Negative sign shows decrease
