On 1 May 2012, the cost of 5 grams of gold was 14 000 rupees.

Mathematics

1 answer:

navik [9.2K]3 years ago

4 0

Answer:

51,800 rupees

Step-by-step explanation:

Cost of 5 grams of gold on 1 May 2012 = 14 000 rupees.

The cost of gold decreased by 7.5% from 1 May 2012 to 1 May 2013

Cost of 5 grams of gold on 1 May 2013 = 14,000 - 7.5% of 14,000

= 14,000 - 0.075 × 14,000

= 14,000 - 1,050

= 12,950 rupees

Work out the cost of 20 grams of gold on 1 May 2013

Since, there are four 5 grams of gold in 20 grams of gold

Therefore,

Cost of 20 grams of gold on 1 May 2013 = 12,950 rupees × 4

= 51,800 rupees

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