A table is sold for Rs 405 and a tray costing Rs 30 is given free with it . The shopkeeper makes a profit of 25 percent on it . What did the table cost to the shopkeeper.
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Answer:
Original price = Rs 15,00,000
Change in price = Rs 12,00,000
Decrease in price = 15,00,000 – 12,00,000 = Rs. 3,00,000
Therefore, the percentage of decrease = (3,00,000)/(15,00,000)×100 = 20%.
While calculating the percentage increase or decrease remember the following formulas:
Percentage of increase = (Increase in amount)/(Original amount)×100
Percentage of decrease = (Decrease in amount)/(Original amount)×100
Step-by-step explanation:
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