Examveda
Examveda

From 2000 onwards, till 2003 the price of computers increased every year by 10%. After that due to government subsidy the price of computers decreases every year by 10%. The price of a computer in 2006 will be approx. how much per cent less than the price in 2000 if the same pattern of price is continued :

A. 2

B. 3

C. 4

D. 5

Answer: Option B

Solution(By Examveda Team)

YearValue
2000100 (Let)
2001110
2002121
2003133.1
2004119.79
2005107.811
200697.0299

$$\eqalign{ & {\text{Now}}, \cr & \frac{{ {\left( {100 - 97.0299} \right) \times 100} }}{{100}} \approx 3 \cr} $$

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