Arithmetic > Percentages
Medium
An exporter estimates with certainty that a $26\%$ higher price for his product will decrease the volume of sales in a foreign market by $30\%$. After having to increase the price by $26\%$, the revenue obtained from sales in that market turned out to be $\text{INR } 44.1 \text{ Cr}$. What would the revenue have been if the exporter had been allowed to sell at the old price?
✅ Correct Option: 2
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