Question

Ram bought motorbike for 90,000 and sold it for 85,500 Find the profit or loss
percentage.

step by step answer plz
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Answer 1

Answer:

5% Loss

Step-by-step explanation:

He bought in 90000 and sold it in 85500 so it is loss.

90000-85500 = 4500

4500rs. loss

Percentage = 4500 x 100 / 90000

= 5

Hence it is 5% loss

Answer 2

Answer:

5%

Step-by-step explanation:

Loss=90000-85500=4500

Loss percentage=(loss/Cost price)×100

=(4500/90000)×100

=5%.