Question

An old cycle was purchased for 600, 200 was
spent on its repair. It was sold for 500. Its loss percent
(1) 163
(2) 33
(3) 37
(4) 40​

Answer 1

Step-by-step explanation:

C.P. of the cycle=600+200=800

S.P. of the cycle=500

Loss=800-500=300

Loss%=300/800*100

3/8*100=300/8%

answer=75/4%

Answer 2

old cycle was purchased for 600

200 was spent on its repair

and finally he sold them 500

CP of cycle = 600+200=800

SP of cycle = 500

Loss = CP - SP

= 800 -500

=300

WE KNOW THAT,

Loss% =( Loss× 100 ) /CP

= (300× 100 )/ 800

=(3×100 )/8

=(3×25)/4

=75/4

Loss = 75/4%