Which of the following statement(s) mean the same as — “The demand - Figure it out - Page 19, 20

part 2 - Question 12 - Figure it out - Page 19, 20 - Chapter 1 Class 8 - Fractions in Disguise (Ganita Prakash II) - Class 8 (Ganita Prakash - 1, 2 & Old NCERT)

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Question 12 Which of the following statement(s) mean the same as — “The demand for cameras has fallen by 85% in the last decade”? (i) The demand now is 85% of the demand a decade ago. (ii) The demand a decade ago was 85% of the demand now. (iii) The demand now is 15% of the demand a decade ago. (iv) The demand a decade ago was 15% of the demand now. (v) The demand a decade ago was 185% of the demand now. (vi) The demand now is 185% of the demand a decade ago.Given Demand has fallen by 85% Now, "Fallen by" means we subtract. If you lose 85% of something, you are left with 100%−85%=𝟏𝟓%. So, the demand now is 𝟏𝟓% of what it used to be. Thus, the correct statement is (iii) - The demand now is 𝟏𝟓% of the demand a decade ago.

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CA Maninder Singh is a Chartered Accountant for the past 16 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.