Question

A man bought an old bicycle for rs. 1,500. He spends rs. 500 on its repair and sells it for . Rs. 1,800. Find the percentage of his loss. A) 10% b) 15% c) 20% d) 5%

Answer 1

Answer is the attachment.

Answer 2

Answer:

= 10%

Step-by-step explanation:

Given that ,

                  A man bought an old bicycle for Rs 1500.

                   And he repair his cycle at cost Rs 500.

                   Then he sold at cost of Rs 1800.

                   To find loss%.

So,

    C.P. of bought cycle = ( bought amount + repair amount )

                                       = ( 1500 + 500 )

                                       = Rs 2000.

   S.P. of cycle                = Rs 1800.

   Loss = C.P. - S.P.

            = Rs2000 - Rs 1800

            = Rs 200

Loss% = ( loss/C.P.) × 100

          = ( 200/2000) × 100

          =  (1/10) × 100

          = 10 %

Therefore, option A) 10% is correct option .

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