Question

14) A chair bought for Rs 1.040 and sold for Rs. 800. The gain a 30%​

Answer 1

Answer:

Follo.w me

Step-by-step explanation:

The given statement is false.

Given, a man purchased a bicycle =Rs 1,040

Selling price of this bicycle =Rs 800

We know that, loss = cost price-selling price

=1040=800=Rs 240

Now, we have to calculated loss %. So,

Loss %=

cost price

loss

×100=

1040

240

×100=23.07%

The given statement is false.

Given, a man purchased a bicycle =Rs 1,040

Selling price of this bicycle =Rs 800

We know that, loss = cost price-selling price

=1040=800=Rs 240

Now, we have to calculated loss %. So,

Loss %=

cost price

loss

×100=

1040

240

×100=23.07%