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A television manufacturing company has decided to increase the sale to beat the economic slowdown. It decides to reduce the price of television sets by 25% as a result of which the sales increased by 20%. What is the effect on the total revenue of the company?

A television manufacturing company has decided to increase the sale to beat the economic slowdown. It decides to reduce the price of television sets by 25% as a result of which the sales increased by 20%. What is the effect on the total revenue of the company?

A. Decreased by 20%

B. Increased by 20%

C. Increased by !0%

D. Decreased by 10%

Answer: Option A

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