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the cost of tv was quoted …

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the cost of tv was quoted rate 20000 at the beggining of the year 2000. in the beggining of 2001 the price was hiked by 5% because of decrease in demand. the cist was reduce by 4% n the beggining of 2002. what is the cost of tv in 2002?
  • 1 answers

Rajeev Malhotra 6 years, 4 months ago

Cost of TV in the begining of 2000 = 20,000

In the begining of 2001, the cost was hiked by 5 % . So cost of TV in 2001 = 20,000*105/100 = 21,000

Now cost is reduced by 4 %. So cost of TV in 2002 = 21000*96/100 = 20160

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