Question : In 2001, the price of a building was 80% of its original price. In 2002, the price was 60% of its original price. By what percentage did the price decrease?
Option 1: 15%
Option 2: 20%
Option 3: 25%
Option 4: 30%
Latest: SSC CGL preparation tips to crack the exam
Don't Miss: SSC CGL complete guide
Answer (1)
24th Jan, 2024
Correct Answer: 25%
Solution :
Change in price = (80 – 60) = 20%
The base price of that year = 80%
Required Percentage $=\frac{20}{80} × 100 = 25\%$
Hence, the correct answer is 25%.
Comments (0)
Related Questions
Know More about
Staff Selection Commission Combined Grad ...
Answer Key | Eligibility | Application | Selection Process | Preparation Tips | Result | Admit Card
Get Updates Brochure
Thank You!
Your Staff Selection Commission Combined Graduate Level Exam brochure has been successfully mailed to your registered email id “”.
Upcoming Exams
Admit Card Date:
12 Nov, 2024
- 26 Nov, 2024
Mains Exam
Admit Card Date:
23 Nov, 2024
- 30 Nov, 2024
Admit Card Date:
20 Nov, 2024
- 15 Dec, 2024
Application Date:
19 Nov, 2024
- 10 Dec, 2024
