Question

10. A man buys a car for Rs 7500 and sells it after 15 months for Rs 7400. How much did he lose considering money to be worth 5p.c.per annum ?​

Answer 1

Answer:

solve from the help of this equation

Step-by-step explanation:

Total cost price of car = 73500+10300+2600=86400 Rs.

Selling price = 84240 Rs.

Loss= 86400−84240=2160 Rs.

Therefore,

Loss % = C.P.loss×100 = 864002160×100 = 2.5%