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Question

A television manufacturing company declares that a television is now available for Rs. 5600 as against Rs. 8400 one year before. Find the percentage reduction in the price of television offered by the company.

A
1009 %
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B
59 %
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C
2195%
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D
1003%
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Solution

The correct option is D 1003%
Price of the television a year before = Rs. 8400
Price of the television after a year = Rs. 5600
Decrease in price = Rs. (84005600)= Rs. 2800
Therefore, decrease %=28008400×100%=1003%

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