Question

Aaron bough a bike for $30000. he than sold it at aloss of 33 1/3%. At what price did he sell his bike

Answer 1

Answer:

hi guys

hope it helps

Step-by-step explanation:

Price of bike = 30,000

Loss percentage = 33 1/3 = 100/3 = 33.33 %

Loss amount = 30,000 x 33.33/100 = 9999.99 = 10,000

Selling price = 30,000 - 10,000 = 20,000

Answer 2

Answer:

selling price of bike = $20000

Step-by-step explanation:

Given Aaron bought a bike at $30000

          sold at loss of  $33 \frac{1}{3}$ % =  $\frac{100}{3}$ %  

          loss percentage = $\frac{loss ( 100)}{c. p }$

                          $\frac{100}{3} = \frac{loss( 100)}{30000}$

                           $\frac{100 }{3} = \frac{loss}{300}$

                           $loss= \frac{300(100)}{3 }$

                          loss= 100(100) =10000

  loss on bike = $ 10000

  selling price = cost price - loss

                        = 30000- 10000= $ 20000