plz solve this problem
A refrigerator was bought for rs. 23,440 and rs.1000 were spent on its installation. it was sold for rs.22,560. find the loss percentage.
Answers
Answer:
7.69 percent
Step-by-step explanation:
cp of fridge = 23440
extra amount = 1000
so , new cp = 24440
sp = 22560
loss = cp - sp
= 1880
loss percent = loss/ cp * 100
= 1880/24440*100
= 7.69
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Answer:
Required loss percentage is 7.69%
Step-by-step explanation:
Given,a refrigerator was bought for rs. 23,440.
Therefore cost price of the refrigerator is 23440 rupees.
and it is also given that he spent 1000 rupees for installation.
So,total cost price
Again given it was sold for rs.22,560.
So, selling price of the refrigerator
We know,cost price means 100%.
So, 24440 rupees means 100%
By Unitary method, 1 rupees means
So,22560 means
So, required loss percentage
This is a problem of percentage.
Know more about percentage,
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