Question

an old cycle was purchased for 700 rupees and 300 rupees were spent on its repair it was sold for rupees 500 find loss percent​

Answer 1

Answer:

cost price= 700

repairing price=300

total cost price = 1000

selling price= 500

loss= 1000-500 =500

loss percent= (500/1000)×100

= 50%

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Answer 2

Step-by-step explanation:

CP of old cycle=700

overheads charge=300

new CP=700+300

=1000

SP=500

loss=1000-500

=500

loss%=500/1000*100

=50%

the answer is 50%