Find gain or loss in the following transactions of buying and selling. Find gain or loss per cent in each case. (1) one cycle was purchased for 3500 and sold for 3000. (2) one washing machine was purchased for 15000 and sold for 15500. (3) a toy car was purchased for 450 and sold for 540. (4) arvind bought a tv for 12000 abd sold it at 13800.
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1=cp=3500and sp=3000 so cp is greater than sp= loss=cp-sp=3500-3000=500 loss percent =loss÷cp×100=14.85714857%
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