Question

Madhu and kavitha purchased a new house for 320000 due to some economic problem they sold the house for 280000 find the loss incurred and the loss percentage

Answer 1

320000 - 280000= 40000 loss
40000/320000 into 100 = loss percent
25/2 = 12.5%

Answer 2

Answer:

Rs. 40000, 12.5% loss

Step-by-step explanation:

CP = 320000

SP = 280000

Loss= CP - SP

Loss= 320000-280000

Loss = 40000

Loss% = Loss/ CP * 100%

Loss percent = 40000/320000*100

= 12.5%