Question

The price of an electronic gadget depreciated from rs 20000 to rs 17500.
what is its depreciated cost percentage?

Answer 1

Actual Price of gadget=20000

depreciated prize=17500

Cost percent=

$\frac{175000}{20000} \times 100$

$= 87.5\%$

Answer 2

STEP BY STEP EXPLANATION

Here, original price=Rs 20000

Depleted price=rs 17500

Hence, required percentage

$= \frac{original \: price - depleted \: price}{original \: price} \times 100 \\ = \frac{20000 - 17500}{20000} \times 100 \\ = \frac{2500}{20000} \times 100 \\ 12.5\%$

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