Question

6. Rekha purchases a T.V. at 8,000 and sells at 9,528 payable at the end of 3 years. If the
rate of compound interest is 7% per annum, find the profit or loss percent to her at present.
[Ans. Loss, 2.79%)​

Answer 1

Answer:

C.P=₹8000

Step-by-step explanation:

S.P=₹952

$profit = sp - cp$

$9528 - 8000 = 1528$

$1528 \times 7 \times 3\div 100$

$loss \\ 2.79$