last year the cost of thousand articles for Rs 5000 this year it goes down to photo what is the percentage of decrease in price
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Answer:
20%
Explanation:
Last year the cost of 1000 articles was Rs. 5000.
This year it goes down to 4000. What is the percentage of decrease in price?
Cost of 1000 Articles = 5000, cost of one article = 5000/1000=5
Cost of 1000 Articles = 4000, cost of one article =4000/1000=4
Decrease in price = Rs. 5 – Rs. 4 = Rs. 1
Decrease of % = 1/5 * 100 = 20%
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