Question

The price of the phone was $35000$ last year. It has decreased by $5\%$. What is the price now?

Answer 1

Let the new price of the phone be $Rs.x$.

Last year the price of phone $=Rs.35000$

It has decreased by $5\%$

Now according to the question-

$x=35000-5\%$ of $35000$

$\Rightarrow x=35000-\frac{5}{100}\times 35000$

$\Rightarrow x=35000-1750$

$\Rightarrow x=33250$

Hence the price of the phone at present is $Rs.33250$.