Question

?A scooter was bought for 55000 rupees and
sold after one year for 49500 rupees. What is
the percentage loss?
15%
12%
10%
7%​

Answer 1

SOLUTION

TO CHOOSE THE CORRECT OPTION

A scooter was bought for 55000 rupees and

sold after one year for 49500 rupees. What is the percentage loss?

• 15%

• 12%

• 10%

• 7%

EVALUATION

Here it is given that a scooter was bought for 55000 rupees and sold after one year for 49500 rupees

Since selling price < cost price

So there is loss in the deal

Loss amount

= Rs 55000 - Rs 49500

= Rs 5500

Hence the required percentage of loss

$\displaystyle \sf{ = \frac{5500}{55000} \times 100 \%}$

$\displaystyle \sf{ = \frac{1}{10} \times 100 \%}$

$\displaystyle \sf{ = 10 \%}$

FINAL ANSWER

Hence the correct option is 10%

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Answer 2

Given :-

• CP of scooter = Rs.55000 .
• SP of scooter = Rs.49500 .

To Find :-

• Find loss % ?

Solution :-

we know that,

• Loss = CP - SP .
• Loss % = (Loss in Rs * 100) / CP

so,

→ Loss = CP - SP

→ Loss = 55000 - 49500

→ Loss = Rs.5500

then,

→ Loss % = (Loss in Rs * 100) / CP

→ Loss % = (5500 * 100) / 55000

→ Loss % = 10% (C) (Ans.)

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