The price of a TV was RS. $21000$ in one year. Due to increase in demand, the price was raised by $15$ %. However a drop in demand in subsequent year made the manufacturers reduce its price by $10$ %. What is its price now?

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Solution

Raised Price of TV $= 21000 + \frac{5}{100} (21000)$
$= 21000 (\frac{115}{100}) = 241500$
Dropped price of TV $= 241500 (1 - \frac{10}{100})$
$= 241500 \times \frac{90}{100}$
$= R S .217350$

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The price of a TV was RS. 21000 in one year. Due to increase in demand, the price was raised by 15%. However a drop in demand in subsequent year made the manufacturers reduce its price by 10%. What is its price now?

Raised Price of TV =21000+5100(21000)=21000(115100)=241500Dropped price of TV =241500(1−10100)=241500×90100=RS.217350

The price of a TV was RS. $21000$ in one year. Due to increase in demand, the price was raised by $15$ %. However a drop in demand in subsequent year made the manufacturers reduce its price by $10$ %. What is its price now?

Raised Price of TV $= 21000 + \frac{5}{100} (21000)$
$= 21000 (\frac{115}{100}) = 241500$
Dropped price of TV $= 241500 (1 - \frac{10}{100})$
$= 241500 \times \frac{90}{100}$
$= R S .217350$