Question

A car was purchased for ₹185000 and after spending ₹15000 on its repairs ,it was sold for ₹ 190000. Find the loss per cent.

Answer 1

Heya...
Here is your answer ---

=> Cost Price = ₹1,85,000

=> Overhead charges = ₹15,000

=> Final Cost Price = ₹ (1,85,000 + 15,000)

=> Final Cost Price = ₹2,00,000

=> Selling Price = ₹1,90,000

=> CP > SP

=> Loss = CP - SP

= ₹ (2,00,000 - 1,90,000)

= ₹ 10,000

=> Loss % = Loss /CP × 100

= 10,000/2,00,000 × 100

= 1/20 × 100

= 5%

Hence the car was sold at a loss of 5%.

HOPE IT HELPS....!!

Answer 2

heya!!

Cost Price = ₹1,85,000
Overhead charges = ₹15,000

=> Final Cost Price
= ₹ (1,85,000 + 15,000)
= ₹2,00,000

Selling Price = ₹1,90,000

CP > SP (loss)

=> Loss = CP - SP
= ₹ (2,00,000 - 1,90,000)
= ₹ 10,000

=> Loss % = Loss / CP × 100
= 10,000 / 2,00,000 × 100
= 1/20 × 100
= 5%

Hence, the car was sold at a loss of 5%.

hope it helps