Ali sold his old car 43000 he was bought it for 50000 what is his percentage loss
Answers
Answered by
3
Answer:
14%
Step-by-step explanation:
cost price of car is =50000
selling price of car =43000
L = Cp - s.p
= 50000 -43000
=7000
as we know formula of L%
L =
L% =14%
Answered by
118
AnswEr :
As Car is being sold at less than the purchase price, therefore there will be loss.
⇒ Loss = Cost Price - Selling Price
⇒ Loss = Rs. 50000 - Rs. 43000
⇒ Loss = Rs. 7000
• Now we will calculate loss% with formula
⠀⠀⠀⠀⋆ Plugging the Values
⠀
∴ There will be loss of 14% on the car.
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