Question

18.
The monthly installment of Mr Rakesh 's
housing Ioan is reduced from Rs9600 to
Rs8,000. Find the percentage decrease in the
installment amount.
​

Answer 1

Step-by-step explanation:

9600/ 8000*100 =120 your answer

Answer 2

Answer:50/3 % or $16 \frac{2}{3}$ %

Step-by-step explanation:

Decrease = Original Amt. - Final Amt.

= rs. 9600 - rs. 8000

= rs. 1600

Decrease % = ($\frac{Decrease}{Original Amt.}$ x 100)%

= [(1600 x 100)/9600]%

= 50/3 %

= $16 \frac{2}{3}$ %