Question

Radha and Co. Ltd. purchased a machine at a cost price of 250000. The firm spent 2000 on freight and
transit insurance to being it to their godown. The firm sold the machine at a loss of 30% What was the loss
amount?​

Answer 1

Step-by-step explanation:

purchasing price = ₹250000

additional amount spent on the machine = ₹2000

now the cost price comes to..

$(250000 + 2000)$

$252000$

the machine was sold at a loss of 30%

the loss amount..

$252000 \times \frac{30}{100}$

$75600$