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In order to maximize his gain, a shopping mall owner decides to reduce the price of electronics goods by 20% and as a result of this, the sales of electronics increase by 40%. If, as a result of these changes, he is able to increase his weekly collection by Rs. 1,05,000, find by what value did the gross collection increase per day?
14400
14600
14800
15000
It won't requires that much solving.
Here given the increase in weekly collection by Rs. 1,05,000
That is this increase denotes for all 7 days.
= Gross Collection increase per day = Rs. 1,05,000 /7 = Rs. 15,000
Hence, the gross collection increase per day = Rs. 15,000.
Hence, option 4 is the correct answer.
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