Question

21. A motor car costing Rs. 5,00,000 was sold for Rs. 4,20,000 after two years. How much is the percentage of loss? O A) 12% OB) 14% C) 16% O D) 18% ) ​

Answer 1

(A)12percent

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Answer 2

Answer:

C.P=Rs 5,00,000

Market price =CP+CP×10010

=500000+500000×10010

=Rs 550000

Discount =5%

∴Discount=5%  of C.P

=1005×5,50,000

=Rs 27,500

Discounted Price =Rs 550000−Rs 27500

=Rs 522500

Profit =Rs 522500−500000

=Rs 22,500

Profit%=500000022500×100

=4.5%

Step-by-step explanation:

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