Question

a man buys a washing machine at₹10000. after a few years, he sells it at ₹6,500. find his loss or gain percentage​

Answer 1

Answer:

Loss percentage = 35 %

Step-by-step explanation:

According to the information provided in the question it is given as

C P = 10000

S P = 6500

We need to find  loss or gain

because C P is greater than S P Than there is loss

Loss = C P - S P

Substituting the values

Loss = 10000 - 6500

Loss = 3500 Rupees

We need to find the loss %

So first understand the meaning of percentage

Percentage can be calculated by dividing the value by the total value, and then multiplying the result by 100. The formula used to calculate percentage is: (value/total value)×100%.

Loss percentage = (Loss × 100) / C.P

Putting the values we get the answer

$Loss\% = (3500\times 100) /10000\\Loss\% =350000 / 10000$

Converting to the lowest term

Reducing or cutting zeros on numerator and denominator

$Loss\% = \frac{35}{1}$

$Loss\%= 35 \%$

Hence loss Percentage  is  35%