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Question
The price of a scooter was ₹ 8000 in 1975. It came down to ₹ 6000 in 1980. By what percent had the price of the scooter came down?
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Solution
Original cost of scooter = ₹ 8,000
Reduced cost of scooter = ₹ 6000
Reduction in price of scooter = ₹ 8,000 – ₹ 6,000 = ₹ 2,000
Percentage of reduction = `2000/8000xx100`
= 25%
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