Mathematics · Percentage and Revenue Calculation
Shop 'B' forecasts a 40% increase in the number of guitars sold in 2021 compared to the previous year. To achieve this, they decrease the selling price per guitar by 10% in 2021 compared to the previous year. What is the percentage increase in total revenue generated from guitar sales in 2021 compared to the previous year?
- 126%✓
- 224%
- 322%
- 418%
Correct answer
26%
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