The price of rice in the year 1995 has increased by 10% forms that of the previous year . In 1996 the price has decreased by 5% . In 1996, what was the increase in price with respect to that of 1994 ?
Created: 6 years ago |
Updated: 8 months ago
best des
Let,
The price of rice in the year 1994 = Tk. 100
So, the price of rice in the year 1995 = 100 + 10 = Tk. 110
The price of rice in the year 1996 = 110 - 5.5 = 104.5
The increase in price = 104.5 - 100 = 4.5%
The price of rice in the year 1994 = Tk. 100
So, the price of rice in the year 1995 = 100 + 10 = Tk. 110
The price of rice in the year 1996 = 110 - 5.5 = 104.5
The increase in price = 104.5 - 100 = 4.5%
Md Azizur Rahman
Founder of Satt
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