Mahesh purchased a machine for Rs. 90,000 and sold it at a loss of 20%.
Find the S.P. of the machine.
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GiveN:-
Mahesh purchased a machine for Rs. 90,000 and sold it at a loss of 20%.
To FinD:-
The S.P. of the machine.
SolutioN:-
We know,
where,
- SP = ?
- CP = Rs.90,000
- Loss% = 20%
Putting the values,
VerificatioN:-
We know that,
where,
- SP = Rs.72,000
- CP = Rs.90,000
Putting the values,
Now,
where,
- Loss = Rs.18,000
- Loss% = 20%
- CP = Rs.90,000
Putting the values,
- Hence verified.
The SP of the machine us Rs.72,000.
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