a dealer purchase an old car for rs70000 and spend rs17500 on its repair. due to lack of demand he had to sell it at a loss of 12percentage. what was the spirit of the car
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Purchase price + Repairs =
Rs.70,000 + Rs.17,500
Rs.87,500
Loss = 12%(87,500) = Rs.10,500
Sale price = Rs.87,500-Rs 10500
= Rs.77,000
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