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Question
If a car is sold for ₹ 2,00,000 from its original price of ₹ 3,00,000, then find the percentage of decrease in the value of the car
Solution
original price of car = ₹ 3,00,000
actual selling price of car = ₹ 2,00,000
Decrease in amount from original = 3,00,000 – 2,00,000 = 1,00,000
Percentage decrease = `"Decrease"/"Original value" xx 100`
= `(1,00,000)/(3,00,000) xx 100`
= `100/3`
= `33 1/3%`
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