Question

The price of washing machine is $₹8500$.

In off season, the price has been reduced by $12\%$.

What is the reduced price of the washing machine ?

Answer 1

Calculating the reduced price of the washing machine

Actual price of washing machine$=$$₹8500$

Percentage reduction in the price$=12\%$

Percentage converts into a fraction on dividing it by $100$

Amount that get reduced from actual price$=\frac{12}{100}\times 8500$

$=₹1020$

Reduced price of washing machine$=$Actual price$-$Reduction in the amount

$=8500-1020$

$=₹7480$

Hence the reduced price of washing machine is $=7480$