Question

6) Sriram bought a car for ₹3,50,000. In the very next year, he sold it for 3,00,000. What is the loss percentage?​

Answer 1

14.28%

Step-by-step explanation:

Loss =CP-SP

so,loss=350000-300000

loss%=50000÷350000×100

that's 14.28%

Answer 2

Answer:

C.P = 3,50,000

S.P = 3,00,000

cp > sp

so loss incurred

loss = cp-sp

loss = 350000-300000

loss = 50000

l% = (loss/cp)100

loss% = (50000/ 350000) x 100

= 100/7%