General formula of revenue of a company=no.of consumption * tax on each commodity
=> Revenue=comsumption*tax
Lets say
No of consumption=100 And Tax=100
Total revenue =100*100=10000
Now
Tax decreased by 20%=100–20=80
Consumption increased by 10%=100+15=115
New revenue=110*85=9200
Old revenue=10000
Therefore there is a loss in the revenue.
But how much %=?
10000———came down to——-9200
Total loss=10000–9200=800
Total loss in percentage=800/100= 8%