Price of a Nokia mobile was Rs. 8500, After one month use, this mobile was sold for Rs. 7500. In what ratio price of mobile depreciated?
- 9:18
- 17:15
- 12:16
- None of these
Explanation
Original Price = Rs. 8500
Selling Price = Rs. 7500
Depreciation amount = 8500 - 7500 = Rs. 1000
Ratio of depreciated price = Original : Selling
= 8500 : 7500
Divide both by 500:
= 17 : 15
Last verified on 25-08-2026
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