Question

ishika bought a car for Rs.450000. Next year its price decreased by 12% and further year its price decreased by 15%. In the two years overall decrease percent in the price of the car is?

Answer 1

25.2%

Explanation:

450,000 - 12 % = 396,000 (450,000 × 0.88)

396,000 - 15% = 336,600 (396,000 × 0.85)

336,000 ÷ 450,000 × 100 = 74.8%

100 - 74.8 = 25.2%