The price of a house is decreased from Rupees Fifteen Lakhs to Rupees Twelve Lakhs. Find the percentage…
The price fell by \(15 - 12 = 3\) lakh rupees. Percentage decrease is worked out on the original price: \(3 / 15 \times 100 = 20\%\). Dividing by the new price instead…
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The price of a house is decreased from Rupees Fifteen Lakhs to Rupees Twelve Lakhs. Find the percentage of decrease
Answer and explanation
Correct answer B
The price fell by lakh rupees. Percentage decrease is worked out on the original price: . Dividing by the new price instead () is a common mistake; none of the other figures fits a fall of 3 lakh on 15 lakh.