The price of a table was Rs 1000.it was first increased by 30%.after a week the shop owner decreased the price by 25%.what is the new price of the table.
1000(1.3)(.75)
To find the new price of the table, we need to calculate the price after both the increase and decrease in the original price.
Step 1: Increase the price by 30%
To calculate the increased price, we need to add 30% of the original price to the original price.
30% of Rs 1000 = (30/100) * 1000 = Rs 300
Increased price = Original price + 30% increase = Rs 1000 + Rs 300 = Rs 1300
Step 2: Decrease the price by 25%
To calculate the decreased price, we need to subtract 25% of the increased price from the increased price.
25% of Rs 1300 = (25/100) * 1300 = Rs 325
Decreased price = Increased price - 25% decrease = Rs 1300 - Rs 325 = Rs 975
Therefore, the new price of the table after the increase and decrease is Rs 975.