Question
Ravi has purchased a vehicle at ₹ 60,000. He sold it at a price 30% less than its value to Amit. Amit spent 5% of the amount he purchased in repairs. Find the percentage decrease of the price of the vehicle, including the repair price also.
Answer: Option B
:
B
Amount at which Ravi sold the vehicle =60,000–(60,000×30100)=42,000
Amount spent by Amit on repairs =42,000×5100=2,100
Total amount spent by Amit =42,000+2,100=44,100
Decrease in price of vehicle =60,000−44,100=15,900
Percentage decrease =1590060000×100=26.5%
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:
B
Amount at which Ravi sold the vehicle =60,000–(60,000×30100)=42,000
Amount spent by Amit on repairs =42,000×5100=2,100
Total amount spent by Amit =42,000+2,100=44,100
Decrease in price of vehicle =60,000−44,100=15,900
Percentage decrease =1590060000×100=26.5%
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