Question

Find the percentage increase or decrease, if the price of a commodity is decreased from ₹80 to ₹60​

Answer 1

Answer:

Step-by-step explanation:

Original price = 80

Change in price = 60

Decrease in price = 80-60=20

∴ Percentage of decrease= $\frac{20}{80}$×100= 25%

Answer 2

Given,

The price of commodity is decreased from $80$ rupees to $60$rupees

Here, we have to find the percentage increase or decrease

According to the question,

Normal price $= 80$

Decreased price $= 60$

From this we can say that the price is decreased

So,

Loss% $= \frac{cost price-selling price}{cost price}\times 100$

$= \frac{80-60}{80}\times100$

$= \frac{20}{80}\times100$

$= 25$

Therefore, the decreased percentage is $25$%.