Question 2
20% reduction in price will yield a 10% increase in sales
10% reduction in price will yield a 20% decrease in sales
50% increase in price will yield 25% increase in sales
25% increase in price will yield 50% decrease in sales
20% reduction in price will yield a 10% increase in sales
10% reduction in price will yield a 20% decrease in sales
50% increase in price will yield 25% increase in sales
25% increase in price will yield 50% decrease in sales
Correct answers
10% reduction in price will yield a 20% decrease in sales
25% increase in price will yield 50% decrease in sales
Question 2 of 31 in the IIT Madras BS Business Analytics (Business Analytics) End Term paper sat on 11 Dec 2022, in the September 2022 term (IIT M DIPLOMA AN1 EXAM ETD1 11 Dec 2022). It carries 1 mark.