The price of an item changed from Rs. 120 to Rs.
100. Then later the price decreased again from
Rs.100 to Rs. 80. Which can be said about the
two decreases in percentage term ?
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Answer:
Step-by-step explanation:
⇒ The price of item first change form $120 to $100
⇒ Decreased value = $120−$100=$20
⇒ % Decreased =
120
20
×100=16.66%≈17%
⇒ Then price decreased again from $100 to $80
⇒ Decreased value = $100−$80=$20
⇒ % Decreased =
100
20
×100=20%
⇒ We can see that first decreased is 17% and second is 20%, so Second decreased is larger.
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