Sashi has Rs. 90000 with him. He purchases a | vedclass

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(C) $1$. Total money spent on purchases $= 15000 + 13000 + 35000 = Rs. 63000$.$2$. Remaining money deposited in the bank $= 90000 - 63000 = Rs. 27000$

Vedclass · Accepted Answer

$4.325$

Vedclass · Answer

(C) $1$. Total money spent on purchases $= 15000 + 13000 + 35000 = Rs. 63000$.$2$. Remaining money deposited in the bank $= 90000 - 63000 = Rs. 27000$.$3$. Amount in bank after $2$ years with $15 \%$ compound interest $= 27000 	imes (1 + 0.15)^2 = 27000 	imes 1.3225 = Rs. 35707.5$.$4$. Total money received from selling items at $80 \%$ of cost price $= 63000 	imes 0.80 = Rs. 50400$.$5$. Total final assets $= 35707.5 + 50400 = Rs. 86107.5$.$6$. Total change in assets $= 86107.5 - 90000 = -3892.5$.$7$. Percentage change $= (-3892.5 / 90000) 	imes 100 = -4.325 \%$.Thus,the total assets decrease by $4.325 \%$.

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