Question

A DVD player has a marked price of rs 5488 . After the declaration of the central budget its price reduced to rs 4802 . What is the percentage decrease in the marked price of the DVD player solution​

Answer 1

Step-by-step explanation:

topic:Mathematics of finance

formula: A=P(1-i)^n. {here ^ signifies power...i.e.,power of n}

on taking A=4802,P=5488,n=1.

4802=5422(1+i)

i=0.25%is the percentage of decrease

Answer 2

Answer:

Reduce in price = 5488-4802

= 686

And,

Percentage reduce in price = 686/5488×100%

= 1/8×100%

= 1/2×25%

= 12.5%