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)
Year | Value |
2000 | 100 (Let) |
2001 | 110 |
2002 | 121 |
2003 | 133.1 |
2004 | 119.79 |
2005 | 107.811 |
2006 | 97.0299 |
Related Questions on Percentage
A. $$\frac{1}{4}$$
B. $$\frac{1}{3}$$
C. $$\frac{1}{2}$$
D. $$\frac{2}{3}$$
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