GATE AR · 2022 · AR
Question 72: Housing
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Question 72
ARNAT1 markNeeds review
In a township, the price of each house was 25,00,000 (in Indian Rupees) last month. The number of houses sold in a month (Q in thousands) is sensitive to the price of the house (P in Indian Rupees) and establishes a relationship as Q = 665 − 0.0015P. If the price of each house increases by 20% in the current month, then the decrease in sale of the houses (in percentage, rounded off to two decimal places) compared to last month will be __________.
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2022AR
GATE AR 2022 · Paper 1
Architecture and Planning · Original paper archive
- Section
- Architecture and Planning
- Question type
- Numerical answer (NAT)
- Marks
- 1 mark
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