Q:

A) Rs. 185 less | B) Rs. 202 more |

C) Rs. 175 more | D) Rs. 168 less |

Answer: D) Rs. 168 less

Explanation:

Explanation:

Cost of each cake P1 & P2 = Rs. 12

Offer decrease in % = 20%

Increase in sale per day (Q2) = 250 - 18%

Total quantity per day (Q1) = 250

Hence, required change total revenue

TR = P2Q2 - P1Q1 = (12 x 0.8 x 250 x 1.18) - (12 x 250) = - Rs.168.