Question

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Answer 1

Rohan purchased the sofa for ₹6000

He repaired it for ₹1500

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∴ He spend. ₹7500 in all

Now he sold it for ₹ 6200

So he had a loss of ₹7500 - ₹6200 =₹1300

Answer-He had a loss of ₹1300.

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Answer 2

C.P. = ₹ 6000, overhead expenses = ₹ 1500

Effective cost price = ₹ 6000 + ₹ 1500 = ₹ 7500

S.P. = ₹ 6200

Since, C.P. > S.P.

Loss = C.P. - S.P.

= ₹ 7500 - ₹ 6200 = ₹ 1300

$Loss\% = \frac{Loss}{Effective \: C.P.} \times 100 \\ = \frac{1300}{7500} \times 100\% \\ = \frac{52}{3}\% \\ = 17 \frac{1}{3}\%$

$Hence, \: loss \: is \: 17 \frac{1}{3}\%$