A price fell from ₱250 to ₱200. What is the percentage decrease?
Correct answer: A. 20%
Decrease = ₱50. Percentage decrease = 50 ÷ 250 × 100 = 20%, based on the original price. Dividing by the new price would wrongly give 25%.
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Answer and explanation
The correct answer is A. 20%
Decrease = ₱50. Percentage decrease = 50 ÷ 250 × 100 = 20%, based on the original price. Dividing by the new price would wrongly give 25%.
Topic: Mixed Numerical Review MCQs · Subject: Numerical Ability