2. The price of a refrigerator was 10,000 last month. It is sold now for 9,500. Find decrease percentage
in the price of refrigerator.
Answers
Price of refrigerator decrease = ₹(10000 - 9500)
=₹ 500
percentage of price decrease = 500/10000×100
= 5%
The decrease percentage in the price of refrigerator is 5%
Given:
The price of a refrigerator last month = 10,000 Rs
The selling price of Refrigerator = 9,500 Rs
To find:
Decrease percentage in the price of refrigerator.
Solution:
Given that the initial price of refrigerator = 10,000 Rs
After 1 month the price decreased to 9500 Rs
The decreased price = 10,000 Rs - 9500 Rs= 500 Rs
form 10,000 Rs of initial price 500 Rs is decreased
The percentage of decrease =
= = 5%
Therefore, the decrease percentage in the price of refrigerator is 5%
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