A shop reduced its prices by `10%`. What is the new price of an item which was previously sold for ₹ 500?

Options

A. ₹ 500
B. ₹ 550
C. ₹ 450
D. ₹ 400

Answer

To find the new price of an item after a 10% reduction from its original price of ₹500, we can follow these steps:

### Step 1: Calculate the amount of reduction
First, we need to determine how much 10% of ₹500 is.

\[ \text{Reduction} = \frac{10}{100} \times 500 \]

### Step 2: Simplify the calculation
Calculating the above expression:

\[ \text{Reduction} = 0.10 \times 500 = 50 \]

### Step 3: Subtract the reduction from the original price
Now, we subtract the reduction amount from the original price to find the new price.

\[ \text{New Price} = \text{Original Price} - \text{Reduction} \]
\[ \text{New Price} = 500 - 50 = 450 \]

### Final Answer
The new price of the item after a 10% reduction is **₹450**.

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