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Manhattan Prep
A company decreased the price of its main product by 50%. Subsequently, the number of units sold increased such that the total revenue remained unchanged. What was the ratio of the percent increase in the units sold to the percent decrease of the original price for this product?
A. 0.5
B. 1.0
C. 1.5
D. 2.0
E. 4.0
OA D
A company decreased the price of its main product by 50%. Subsequently, the number of units sold increased such that the total revenue remained unchanged. What was the ratio of the percent increase in the units sold to the percent decrease of the original price for this product?
A. 0.5
B. 1.0
C. 1.5
D. 2.0
E. 4.0
OA D
