1)

The sales of business in 1987 were 30% less than sale in 1986.By what percent must the sale in 1988 be increased to bring the level of 1986?


A) 42.85%

B) 43%

C) 42.6%

D) 40.25%

E) 45%

Answer:

Option A

Explanation:

Let sale in 1986 be Rs.100

Sale in $1987 = 100-30 = 70$

% increase $=\left(\frac{30}{70} \right)\times 100 = 42.85$%