Kieran buys a car for $8000. The following year he sells the car for $7500. Find the percentage loss.
Answers
Answered by
27
Answer:
HERE'S YOUR ANSWER :)
CP OF THE CAR-$8000
SP OF THE CAR-$7500
LOSS-$8000-$7500=$500
LOSS % - 100*LOSS/CP
=100*500/8000
=$6.25
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Answered by
10
Answer:
cp of car=$ 8000
sp of car=$7500
loss = cp - sp
= 8000-7500=500
loss % = loss/cp × 100
= 500/8000 × 100 = 25/4
= 6.25 %
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