Question
A refrigerator depreciates in value by 18% in the first
year and then 12% in the next year. If its price after 2 years is Rs. 25,872, what was its initial price?Solution
ATQ,
Net percentage change = –18% –12% + {[(–18%) × (–12%)]/100}%= –30% + 2.16% = –27.84%
Let present value be Rs. ‘x’
Then, 72.16% of x = 25872
Or, 0.7216 × x = 25872
Or, x = 25872 / 0.7216 = 35850
So, the initial price of the refrigerator = Rs. 35,850
According to the Airport Authority of India Act ______________means a landing and taking off area for aircrafts, usually with runways and aircraft maint...
A contract is ___________ because it was caused by a mistake as to any law in force in India
Under what circumstances and for what purpose can the Central Government take measures related to aircraft, as provided under section 8B of the Aircraf...
As per the Indian Evidence Act what is oral evidence?
Which of the following section of Cr.p.C. provides for the requirement of confirmation by the High Court of an order of death sentence passed by session...
Facts in issue means
Every agreement in restraint of the marriage of any person_________
Which chapter of the Transfer of Property Act, 1882 deals with Leases of Immovable Property?
As per section 34 of the Consumer Protection Act, 2019 what is the jurisdiction of the District Commission in entertaining complaints?
Coparcenary property of a Hindu:
