if a boy buys a cycle for ₹ 4200 and spends ₹ 200 for its repair after 2 months he sells it for ₹1700. then what is the loss the boy got.
Answers
Answered by
2
Answer:
rupees 2700
Step-by-step explanation:
the cost prize would include all the charges
so total cp is 4200+200=4400
selling prize/sp=1700
it is a loss because cp>sp
loss=cp-sp
4400-1700=2700
the boy got a loss of rupees 2700
Answered by
1
- Boy buys a cycle for = Rs. 4200
- Spends on repairing = Rs. 200
- Sells at = Rs. 1700
______________________
- Loss = ??
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Total Cost Price = Rs. 4200 + Rs. 200
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Total cost price = Rs. 4400
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loss = Rs. 4400 - Rs. 1700
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loss = Rs. 2700
______________________
- The boy will suffer the loss of Rs. 2700
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- Profit = SP - CP
- Loss = CP - SP
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