an offshore company sells two products , l and m . last year , seventy percent of the units sold were product l , and the price of product l was 25 percent greater than the price of product m . approximately what percent of the total revenue the company received last year was from the sale of product l ?
percentage of total units that is product l = 70 % price of product l = 25 percent greater than price of product m . now , we can consider this as a weighted average scenario . if the price of both the products l and m was equal , then contribution of product l to total sales would be = 70 % but since , price of product l is greater than m , then contribution of product l to total sales will be greater than 70 % the only option is 74 % answer e
multiply(divide(multiply(add(const_3, const_4), const_10), add(multiply(subtract(const_100, multiply(add(const_3, const_4), const_10)), subtract(const_1, divide(25, const_100))), multiply(add(const_3, const_4), const_10))), const_100)