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QUESTION
Q
A shopkeeper offers to sell 33.33% more quantity of a product for a price that is 20% higher. What is the effective...

Solution

Let, the price of N units of product = MThe offer(1 + 1/3)N = (1 + 1/5)M(4/3)N = (6/5)MTherefore, N = (9/10)MReduced...

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