8. Solve these word problems.
1. Harish bought a scooter for 40000. After a few years, he sold it at a loss of 30%. At
what price did he sell the scooter?
Kirti bought a chain for 2000. After a few years, she sold it at a profit of 75%. Find the
selling price of the chain.
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Answer:
C.P=40,000
Loss percent=30%
Loss=30% of ₹40,000
=30/100×40,000
=30×400=₹12,000
S.P=C.P-Loss=₹(40,000-12,000)=28,000
S.P of scooter=(28,000×1/40,000)=7/10
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