Question

If Sharma purchased a car for 350000. After two years he sold at a loss of 12%. Find its selling price?​

Answer 1

Answer:

The selling price of the car is 308000.

Step-by-step explanation:

It has given that Sharma purchased a car for 350000.

He sold the car after two years at a loss of 12%. So the loss is 12% of 350000.

That we can calculate as,

$Loss = \frac{12}{100}\times 350000 = 42000$

Since the loss is 42000, the selling price is,

$Selling\ Price = 350000-42000=308000$

Answer 2

Answer:

308000

Step-by-step explanation:

12% of 350000 = 42000

Therefore, Selling price = 350000-420000

= 308000 Rupees.