rahul bought a car for 3,50,000 and then sold it for 3,95,000. (what will be its profit ruppes and profit percentage. )
(the one who will answer in detail will be marked brainliest. )
Answers
Answered by
0
Answer:
loss percentage is 16.67% .
Step-by-step explanation:
Formula
Loss\ percentage = \frac{Loss\times 100}{Cost\ price}Loss percentage=
Cost price
Loss×100
Loss = Cost price - Selling price
As given
Rahul purchased a car for Rs 3,00,000.
He sold the car after one year for Rs 250000 .
Cost price = Rs 300000
Selling price = Rs 250000
Loss = 300000 - 250000
= 50000
Putting all the values in the formula
Loss\ percentage = \frac{50000\times 100}{300000}Loss percentage=
300000
50000×100
Loss\ percentage = \frac{5000000}{300000}Loss percentage=
300000
5000000
= 16.67 % (Approx)
Therefore the loss percentage is 16.67% .
Answered by
2
profit= selling price -cost price
= 3,95,000 - 3,50,00
profit = 45,000
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