Question

the price of a building decreases by 20% every year. If the present price of the building is 5 lakhs what will be the price next year? please tell the answer in word problems

Answer 1

hye
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⇒The price of a building decreases by 20% every year.

⇒so loss%=20%

⇒present price of the building is 5 lakhs

⇒so cost price = 5 lakhs

⇒cost price after one year = c.p ×100 - loss /100
                                           
                                              = 5,00,000 ×80/100
 
                                             = rs.  400000
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hope it helps
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omkara2