Question

The price of an item decreased from ₹80 to ₹60. Find the percentage of decrease in the price of the item.​

Answer 1

Answer:

80 - 60 =20 ;;;;;

difference in price/original price× 100

20/80×100

=25

Answer 2

Answer :-

The percentage of decrease in the price of the shirt = 25%.

To Find :-

The percentage of decrease in the price of the shirt.​

Solution :-

Old Price of the shirt = ₹80

New Price of the shirt = ₹60

Decreased Price = New Price of the shirt - Old Price of the shirt = ₹80 - ₹60 = ₹20

Formula of finding Decreased Percentage of an item -

Decreased Percentage = $(\dfrac{Decreased\:\:Price}{Old\:\:Price}\times 100)$%

Now, substituting the values we have,

Decreased Percentage of the shirt = $(\dfrac{20}{80}\times 100)$%

Decreased Percentage of the shirt = $(\dfrac{1}{4}\times 100)$% = 25%

More To Know :-

$\star$ Decreased Price is the price obtained after subtracting New Price of an item by Old Price of the same item. Usually, we subtract the smaller value from the larger value in order to obtain a positive result.

$\star$ Increased Percentage = $(\dfrac{Increased\:\:Price}{Old\:\:Price}\times 100)$%, where,

Increased price = New Price - Old Price

$\star$ It is a gain for the seller if Selling Price > Cost Price,

Gain = (Selling Price) - (Cost Price)

$\star$ It is a gain for the seller if Cost Price > Selling Price,

Loss = (Cost Price) - (Selling Price)