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A house wife saved Rs. 2.50 in buying an item on sale .If she spent Rs.25 for the item ,approximately how much percent she saved in the transaction ?
- a)8%
- b)9%
- c)10%
- d)11%
Correct answer is option 'B'. Can you explain this answer?
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A house wife saved Rs. 2.50 in buying an item on sale .If she spent Rs...
To find the percentage of savings, we need to calculate the amount saved and then convert it to a percentage of the original price.
Given:
Original price = Rs. 25
Amount saved = Rs. 2.50
1. **Calculating the Percentage of Savings:**
Percentage savings can be calculated using the formula:
Percentage Savings = (Amount Saved / Original Price) * 100
Substituting the given values:
Percentage Savings = (2.50 / 25) * 100
Calculating the numerator:
2.50 / 25 = 0.10
Converting to a percentage:
0.10 * 100 = 10%
Therefore, the housewife saved approximately 10% in the transaction.
2. **Explanation:**
The housewife saved Rs. 2.50 on the item, which means she paid less than the original price of Rs. 25. To calculate the percentage of savings, we divide the amount saved by the original price and multiply by 100.
In this case, the amount saved is Rs. 2.50, and the original price is Rs. 25. Dividing Rs. 2.50 by Rs. 25 gives us 0.10. Multiplying 0.10 by 100 gives us 10%, which represents the percentage of savings.
Therefore, the housewife saved approximately 10% in the transaction.
Given:
Original price = Rs. 25
Amount saved = Rs. 2.50
1. **Calculating the Percentage of Savings:**
Percentage savings can be calculated using the formula:
Percentage Savings = (Amount Saved / Original Price) * 100
Substituting the given values:
Percentage Savings = (2.50 / 25) * 100
Calculating the numerator:
2.50 / 25 = 0.10
Converting to a percentage:
0.10 * 100 = 10%
Therefore, the housewife saved approximately 10% in the transaction.
2. **Explanation:**
The housewife saved Rs. 2.50 on the item, which means she paid less than the original price of Rs. 25. To calculate the percentage of savings, we divide the amount saved by the original price and multiply by 100.
In this case, the amount saved is Rs. 2.50, and the original price is Rs. 25. Dividing Rs. 2.50 by Rs. 25 gives us 0.10. Multiplying 0.10 by 100 gives us 10%, which represents the percentage of savings.
Therefore, the housewife saved approximately 10% in the transaction.
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A house wife saved Rs. 2.50 in buying an item on sale .If she spent Rs.25 for the item ,approximately how much percent she saved in the transaction ?a)8%b)9%c)10%d)11%Correct answer is option 'B'. Can you explain this answer?
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