1 .Akshat buys a tricycle for Rs.1960 and overhead expenses on it are Rs.40. If he sells the tricycle for Rs.1500, determine his loss percent.
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Question :-
Akshat buys a tricycle for Rs.1960 and overhead expenses on it are Rs.40. If he sells the tricycle for Rs.1500, determine his loss percent.
Solution :-
C.P = 1960 + 40 = 2000
S . P = 1500
Loss = 500
Loss of Percentage = 100/CP
= 500 * 100/200 = 2.5 Ans
Hope it's helpful for you...
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C.P = 1960 + 40 = 2000S.
P= 1500Loss = 500
Loss of Percentage = 100/CP= 500 *
100/200 = 2.5 Ans
Hope it's helps..
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