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 D1003% Price of the television a year before = Rs. 8400 Price of the television after a year = Rs. 5600 Decrease in price = Rs. (8400−5600)= Rs. 2800 Therefore, decrease %=28008400×100%=1003%