Question

last year the cost of 1000 articles was 5000 this year it goes down to 4000 what is the percentage of decrease in price

Answer 1

Heya !!!!

Here is your answer dear →

Percentage decrease = Decrease × 100 / Original value

Decrease amount = Rs 5000 - Rs 4000

= Rs 1000

By putting the values, decrease percentage equals -

1000 × 100 / 5000

On cancellation, we have the decrease percentage as 20%

You can also refer the picture

Hope this helps

@PoojaBBSR

Answer 2

Cost of 1000 articles last year=Rs.5000

Cost of 1000 articles this year=Rs.4000

Decrease price on articles=Rs.5000-Rs.1000=Rs.1000

Decrease percentage=1000/5000x100=20 percentage