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Because of scarcity of rainfall, the price of a land decreases by 12% and its production also decreases by 4%. What is the total effect on revenue?


A) Loss of 16%

B) Gain of 15%

C) Loss of 15.48%

D) Loss of 15.52%

Correct Answer:
D) Loss of 15.52%

Description for Correct answer:

Net effect

= \( \Large \left[ -12-4+\frac{ \left(-12\right) \left(-4\right) }{100} \right] \)%

= \( \Large \left(-16+0.48\right)\% \) = -15.52%


Part of solved Percentage questions and answers : >> Aptitude >> Percentage




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