What is the percentage change in bottles sold


Problem: You are considering proposing to Casella Winery to lower the price of its bestselling wine by 20%. Currently they are charging $25 per bottle and are selling 10,000 bottles. The cost of making one bottle is $5. What is the percentage change in bottles sold that would ensure that the profit before and after the price change would stay the same?

A. +33.33%

B. -33.33%

C. Cannot be determined

D. +50%.

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