Question

Hema bought a TV set for rupees 50000.the price of the TV set is decreasing 15%per year as a new model with better technological advantages are coming into the market. If she sells the TV after 3years what percentage of loss does she suffers

Answer 1

Answer:

45%.

Step-by-step explanation:

Firstly, we will have to find out the price of the TV 3 years later. If 15% decreases each year, so in 3 years it will decrease by 45%.

100% = 50,000 rupees

1% = 50,000/100 rupees

55% = 50,000/100 X 55

= 27,500 rupees.

Now we have found out that, after three years the price would be 27,500 rupees. Then, we need to find out the percentage of decrease (which means loss).

Difference ----> 50,000 - 27,500

= 22,500 rupees.

22,500/50,000 X 100

= 45%.

Answer 2

Answer:

22750

Step-by-step explanation:

Cost of tv set now= 50,000

decreasing percentage= 15%

so decrease in amount= 15/100*50000=7500

so in 3 years= 7500*3=22500

so loss= Rs.22500=22500/50000*100=45%

Amount that she will get=50000-22500=22750