I bought a washing machine for rupees 7500 and spent rupees 500 or its cottage. due to some circumstances I was compelled to sell it for rupees 6000 find my loss percent
Answers
Answer:
CP of the washing machine (given) = Rs 7500
extra money needed for cortage = Rs 500
Therefor, total CP = Rs (7500+500) = Rs 8000
SP of the washing machine (given) = Rs 6000
Loss = Rs (6000-8000) = Rs 2000
Loss % = SP × 100/CP
=Rs 2000× 100/8000
= 25%
Given: I bought a washing machine for rupees 7500 and spent rupees 500 on its cottage. due to some circumstances, I was compelled to sell it for rupees 6000.
To find: We have to find the loss percentage.
Solution:
The loss percentage can be determined by the following way-
The buying price of the washing machine is 7500.
The spent of its cottage is 500.
So, the total cost price of the washing machine is 7500+500=8000 rupees.
The selling price of the washing machine is 6000 rupees.
So, its loss percentage is as follows-
The loss on the washing machine is 25%.