A car costs Rs. 60,000 when it is new, after one year its value goes d

1.	A car costs Rs. 60,000 when it is new, after one year its value goes down to Rs. 40,000.By how much percent has its value decreased?1. \(43 \frac{1}{3}\)2. \(33 \frac{1}{3}\)3. \(53 \frac{1}{3}\)4. \(23 \frac{1}{3}\)
Answer» Correct Answer - Option 2 : \(33 \frac{1}{3}\) Initial value = 60000 Final value = 40000 Diffrence = 60000 - 40000 = 20000 Required percentage change = 20000/60000 × 100 = 1/3 × 100 = 33(1/3)%

A car costs Rs. 60,000 when it is new, after one year its value goes down to Rs. 40,000.By how much percent has its value decreased?1. \(43 \frac{1}{3}\)2. \(33 \frac{1}{3}\)3. \(53 \frac{1}{3}\)4. \(23 \frac{1}{3}\)

Answer» Correct Answer - Option 2 : \(33 \frac{1}{3}\)

Initial value = 60000

Final value = 40000

Diffrence = 60000 - 40000 = 20000

Required percentage change = 20000/60000 × 100 = 1/3 × 100 = 33(1/3)%

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A car costs Rs. 60,000 when it is new, after one year its value goes down to Rs. 40,000.By how much percent has its value decreased?1. \(43 \frac{1}{3}\)2. \(33 \frac{1}{3}\)3. \(53 \frac{1}{3}\)4. \(23 \frac{1}{3}\)

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