Question

Prem sold his old scooter for Rs 7500 for a loss of 20%.
i) Is the loss 20 % of Rs 7500?
ii) What was the amount he bought the scooter?​

Answer 1

Answer %. rs is 7040 please mark me Brenest answer

Correct option is

A

25%

Cost price of the cycle = Rs. 1200

Selling price of the cycles = Rs. 1500

SP > CP ⇒ there is a gain.

⇒ Gain = SP - CP = 1500 - 1200 = Rs. 300

∴ Gain Percentage =

CP

Gain

(100)%

=

1200

300

(100)%=25%

∴ The shopkeeper makes a profit of 25%

Answer 2

Answer:

Prem sold his old scooter for Rs 7500 for a loss of 20%.

i) Is the loss 20 % of Rs 7500?

ii) What was the amount he bought the scooter?