Question

Neha bought a large generator for 15,44,782. She had to sell it for 12,55,000. Did she gain
or lose money? Find her profit or loss.​

Answer 1

Answer:

Neha suffered a loss of Rs. 2,89,782.

Step-by-step explanation:

The cost price of the large generator is, CP = Rs. 15,44,782.

The selling price of the large generator is, SP = Rs. 12,55,000.

As the SP < CP, Neha suffered a loss.

Compute the loss amount as follows:

$Loss=CP-SP\\=1544782-1255000\\=289782$

Thus, Neha suffered a loss of Rs. 2,89,782.