Question

madhu and kavitha purchased a new house for 3,20,000. due to some economic problems they sold the house for 2,80,000. find (a) the loss incurred. (b) the loss percentage.​

Answer 1

Answer:

Loss = 3,20,000 -- 2,80,000 = 40,000

Loss% = 40,000/3,20,000 X 100 = 12.5%

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Answer 2

Answer:

12.5% Loss

Step-by-step explanation:

C.P = ₹3,20,000

S.P = ₹2,80,000

$\bold{\underline{\underline{Formula}}}$

Loss = CP - SP

= 3,20,000 - 2,80,000

Loss = 40,000

Loss % = $\Large{\frac{Loss}{CP}}$ × 100

= $\Large{\frac{40,000}{3,20,000}}$ × 100

Loss % = $\large{\boxed{12.5\: percent}}$

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