Question

if sharma purchased a car for ₹350000.after two years he sold at a loss of 12%.find it's selling price​

Answer 1

Answer:

345800 is the answer...

Answer 2

Given that

Sharma purchased car for ₹350000

After 2 year he sold at loss of 12%

To find

Selling price

Solution

Let p is purchasing price

sp as selling price

l as loss

As per given loss is

$l = \frac{12}{100} \times 350000$

from above equation we can calculate loss

hence

$l = 42000$

To calculate selling price, loss will be deducted from 350000 hence

$selling \: price = 350000 - 4200 \\ = 308000$

hence Selling price is 308000₹.