Ravi has purchased a vehicle costing ₹60,000. He sold it at a price of ₹ 42,000 to Amit. What is the percentage decrease of the price of the vehicle ?

30 %

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26.5 %

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30.5 %

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32 %

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Solution

The correct option is A $30 %$
Amount at which Ravi sold the vehicle = ₹42,000
Decrease in price of vehicle $= ₹ 60, 000 - ₹ 42, 000 = ₹ 18, 000$
Percentage decrease $= \frac{18, 000}{60, 000} \times 100 = 30 %$

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Ravi has purchased a vehicle costing ₹60,000. He sold it at a price of ₹ 42,000 to Amit. What is the percentage decrease of the price of the vehicle ?

The correct option is A 30%Amount at which Ravi sold the vehicle = ₹42,000 Decrease in price of vehicle =₹60,000−₹42,000=₹18,000 Percentage decrease =18,00060,000×100=30%

The correct option is A $30 %$
Amount at which Ravi sold the vehicle = ₹42,000
Decrease in price of vehicle $= ₹ 60, 000 - ₹ 42, 000 = ₹ 18, 000$
Percentage decrease $= \frac{18, 000}{60, 000} \times 100 = 30 %$