Question

rakesh purchase an old photo copy machine for rupees 90000 and he spent rupees 20000 on it's repairing then he sold it for rupees 99000. find out his gain or loss percent .

Answer 1

Step-by-step explanation:

TOTAL COST OF MACHINE IS 90000+20000 = 110,000

Sale price of machine is 99000

loss = 110,000- 99000 = 11,000

Loss percentage = 11,000/110,000 × 100

= 10%

Answer 2

Answer:

Given :

• ⇢ Rakesh purchase an old photo copy machine for rupees 90000.
• ⇢ Rakesh spent rupees 20000 on machine repairing.
• ⇢ He sold the machine for rupees 99000.

$\begin{gathered}\end{gathered}$

To Find :

• ⇢ Gain or loss percent.

$\begin{gathered}\end{gathered}$

Solution :

Rakesh purchase an old photo copy machine for rupees 90000 and he spent rupees 20000 on it's repairing. So the cost price of machine will be :

$\rm \longrightarrow \: {Cost \: Price = 90000 + 20000}$

$\rm \longrightarrow \: {Cost \: Price =Rs.110000}$

Now, after repairing the cost price of machine will be rupees 110000 but Rakesh sold it for rupees 99000.

So, here we can see that the cost price is more than selling price. Hence the Rakesh maid loss by selling the machine. Let's find out the loss.

$\rm \longrightarrow \: {Loss = Cost \: Price - Selling \: Price}$

$\rm \longrightarrow \: {Loss = 110000 - 99000}$

$\rm \longrightarrow \: {Loss = Rs.11000}$

Here, the loss is rupees 11000. So, let's find out the loss percent by substituting the values in the formula.

$\rm \longrightarrow \: {Loss \: \% = \dfrac{Loss \times 100}{Cost \: Price} }$

$\rm \longrightarrow \: {Loss \: \% = \dfrac{11000 \times 100}{110000}}$

$\rm \longrightarrow \: {Loss \: \% = \dfrac{1100000}{110000}}$

$\rm \longrightarrow \: {Loss \: \% = \cancel{\dfrac{1100000}{110000}}}$

$\rm \longrightarrow \: {Loss \: \% = 10 \: \%}$

Hence, the loss percent is 10%.

$\begin{gathered}\end{gathered}$

Learn More :

$\boxed{\begin{minipage}{5cm}\bigstar \:\underline{\textbf{Profit and Loss Formulas :}}\\\\ \\ \sf {\textcircled{\footnotesize\textsf{1}}} \:S.P. = \sf \bigg\lgroup\dfrac{100 + Profit \%}{100}\bigg\rgroup \times 100 \\\\\\ \sf {\textcircled{\footnotesize\textsf{2}}} \:\:C.P. = \sf \dfrac{S.P. \times 100}{100 + Profit \%} \\\\\\\sf{\textcircled{\footnotesize\textsf{3}}} \:\:Profit = \sf \dfrac{Profit \% \times C.P.}{100} \\\\\\ \sf{\textcircled{\footnotesize\textsf{4}}} \: \:Profit (gain) = S.P. - C.P. \\\\\\\sf{\textcircled{\footnotesize\textsf{5}}} \: \: \sf Profit \% = \dfrac{Profit}{C.P.} \times 100 \end{minipage}}$

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