find loss percentage when SP is Rs 15000 and CP is Rs 20000
Answers
Step-by-step explanation:
S.P= 15000
C.P=20000
LOSS=C.P-S.P
=5000
LOSS%=5000×100÷20000
=25%
Answer:
Finding CP when SP and Profit or Loss Percent are given
Solution:
Let c.p = 100Asthereisprofit100Asthereisprofit120
Let the c.p of the scooter be xNowmakeproportionsas100/x=120/18000Crossmultiply120x=100.18000120x=1,800,000So,x=1,800,000/120x=xNowmakeproportionsas100/x=120/18000Crossmultiply120x=100.18000120x=1,800,000So,x=1,800,000/120x=15000
Hence the cost price of the scooter is 15000.
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2) By selling an AC for15000. _________________________________________________________________ 2) By selling an AC for 20,000, I lose 20%. What did I pay for it?
Solution:
We have S.P. = 20,000andloss=20Letc.p=20,000andloss=20Letc.p=100
As there is loss % as 20 so s.p = 100 - 20 = 80Letthec.pofthescooterbe80Letthec.pofthescooterbex
Now make proportions as
100/x = 80/20,000
Cross multiply
80x = 100 . 20,000
80x = 2,000,000
So, x = 2,000,000/80
x = 25000HencethecostpriceoftheACis25000HencethecostpriceoftheACis25,000.
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3) SP = $450 and profit % = 50, find CP.
Solution :
Let c.p = 100Asthereisprofit100Asthereisprofit150
Let the c.p of the scooter be xNowmakeproportionsas100/x=150/450Crossmultiply150x=100.450150x=45,000So,x=45,