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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?

Correct Answer: Rs. 15000

Explanation:

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.


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