the price of a machine during the last summer was quoted at rs.3400.In off season has been reduced to to rs.3128. find the percentage decrease.
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Solution:-
Initial price=Rs.3400
Final price=Rs.3128
Decrease in price=3400-3128=Rs.272
Percentage decrease=decrease in price*100/original price
=272*100/3400
=8%
Answer=8%
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cost price :- rs 3400
selling price :- rs 3128
decrease :- cost price - selling price
:- rs 3400 - 3128
:- rs 272
decrease% :- decrease * 100/3400
:- 272 * 100/3400
:- 8 %
Hence, 8 % decreased
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