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CHAPTER 8 : COMPAIRING QUANTITIES
The price of an item was 55,000 last year. If it has decreased by 17 this year, then what is
its present price?
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Hi there! Thanks for the question!
Q. The price of an item was 55,000 (Rs.) last year. If it has decreased by 17 (%) this year, then what is its present price?
Let us take this in statement form for better understanding.
Price of item last year = Rs. 55,000
Percentage decrease this year = 17%
17% of 55,000 = 17/100 * 55000 = Rs. 9350
Therefore, Price of item this year = Rs. 55,000 - Rs. 9350
= Rs. 45,650.
Thanks and have a great day! :)
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