the cost of a certain type of TV sets of a certain company was awarded as rupees 7500 at the beginning of 1986 after of humans the price was hired by 5% because of decrease in demand the cost price was reduced by 4% in 1987 however because of some pulses in 1988 budget the price was again held by 5% what is the cost of TV set at the 1988
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Answer:
₹ 7,938
Step-by-step explanation:
1986 : Cost = 7500
After increase of 5% : Cost = 7500 + ((5/100)*7500) = 7875
1987 : Cost = 7875 - ((4/100)*7875) = 7560
1988 : Cost = 7560 + ((5/100)*7560) = 7938
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