SOLUTION: A shop increased the price of carpets by 25%.
Sales of carpets dropped by 25%.
Did the shop's profits from carpet sales rise or fall?
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-> SOLUTION: A shop increased the price of carpets by 25%.
Sales of carpets dropped by 25%.
Did the shop's profits from carpet sales rise or fall?
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Question 25754: A shop increased the price of carpets by 25%.
Sales of carpets dropped by 25%.
Did the shop's profits from carpet sales rise or fall? Answer by QueenVoda(11) (Show Source):
You can put this solution on YOUR website!
The answer is a tricky one but yet simple at the same time.
It is neither. If they increase it 25% and it drops the same, there is no profit from it.
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