Question

Calculate the profit or loss in the following transactions. Also find the profit
percent or loss percent in each case.
a) A scooter bought for 12,000 and sold for 10,000.
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Answer 1

Answer:

it is loss persent

Step-by-step explanation:

c.p=12000

s.p=10000

loss=c.p-s.p

12000-10000=2000

loss persent=loss/c.p *100

2000/10000*100=20