Question

Madhu and Kavitha purchased a new house for 3,20,000. Due to some econo
problems they sold the house for 2, 80.000
Find (a) The loss incurred
(b) the loss percentage
A newnedershormon​

Answer 1

Answer:

Step-by-step explanation:

the cost price of the house =320000

the selling price of the house=280000

loss =c. p. -s. p. =320000-280000=40000

loss percentage =loss/cp=40000/320000*100= 12.5%

Answer 2

Answer:

Step-by-step explanation:

CP= 3,20,000

SP=2,80,000

(a)LOSS= CP-SP  =  3,20,000 -2,80,000 =40,000

(b) LOSS%= LOSS/CP  *100  = 40000/320000   *100

                                               =100/8

                                                =12.5 %