The price of a certain article is rs 15000. But due to slump in the market, its price decreases by 8%. Find the new price of the article.

Options

A. X 14000
B. X 13800
C. X 16500
D. X 12600

Answer

To find the new price of the article after an 8% decrease, we can follow these steps:

### Step 1: Calculate the amount of decrease
First, we need to find out how much 8% of Rs. 15,000 is.

\[ \text{Decrease} = \text{Original Price} \times \frac{\text{Percentage Decrease}}{100} \]

Substituting the values:

\[ \text{Decrease} = 15000 \times \frac{8}{100} = 15000 \times 0.08 = 1200 \]

### Step 2: Subtract the decrease from the original price
Now, we will subtract the decrease from the original price to find the new price.

\[ \text{New Price} = \text{Original Price} - \text{Decrease} \]

Substituting the values:

\[ \text{New Price} = 15000 - 1200 = 13800 \]

### Conclusion
The new price of the article after an 8% decrease is Rs. 13,800.

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