Mathematics
Medium
Question
The tax on a commodity is diminished by 20% and its consumption increased by 15%. The effect on revenue is_________?
A
It increases by 8%
B
It decreases by 8%
✓ Official correct answer
C
No change in revenue
D
It increases by 10%
Community credibility
Registered members can vote for the answer they believe is correct today and explain why. If the facts change after an election or news event, suggest a new option so others can vote it up.
A
It increases by 8%
No member explanations yet for this option.
B
It decreases by 8%
No member explanations yet for this option.
C
No change in revenue
No member explanations yet for this option.
D
It increases by 10%
No member explanations yet for this option.