A trader dealing in pressure cookers reduced the price by 20% as a result of wich his sale went up by 80%. What is the net effect of his sales income?

A trader dealing in pressure cookers reduced the price by 20% as a result of wich his sale went up by 80%. What is the net effect of his sales income?

A 44% decrease

B 44% increase

C 64 % increase

D 66% increase

Solution

Correct Answer: Option B