a person brought a micro wave oven for rupees 5000 after using it for some time he sold it at rupees 4250 the loss is
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Answer:
Total number of Microwave ovens = 15 (12 sold +3 unsold)
Hence, Washing machines = 10
He sold 12 ovens and 8 washing machines
Hence, In total he sold 80% of both
Thus, He sells 80% of both at a profit of Rs. 40,000.
Cost of 80% of the goods = 0.8*2,05,000 = 1,64,000
Hence, Total SP = 1,64,000+40,000 = 2,04,000
CP = 2,05,000
Loss = Rs.1000
Answered by
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Answer:
Loss=Cost price- selling price.
Loss=5000-4250
=750
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