arjun bought a bike for rs. 54345 and sold it for rs. 52350 after a year. did he gain or lose money? how much?
help me please
Answers
Answered by
2
Answer:
lose
Step-by-step explanation:
the formula is:
CP >Sp=loss
SP>CP=profit
so,
CP is 54345
SP is 52350
CP is greater than SP
Now,
54345-52350 =1995
Ans =He lose 1995rs
Answered by
2
Answer:
Arjun bought a bike for rs. 54345 and sold it for rs. 52350 after a year.
He loses money Rs 1995.
Step-by-step explanation:
The cost price of bike = Rs 54345
SP of bike = Rs 52350
Here SP< CP
If S.P. is greater than C.P., the seller is said to have a profit or gain.
If S.P. is less than C.P., the seller is said to have incurred a loss
Loss = CP - SP
Loss = 54345 - 52350
Loss = Rs 1995
So, Arjun loses money Rs 1995.
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