Ram purchased a car for Rs 500000 and sold it for Rs. 350000 .Find her gain or loss percent
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Answer:30% loss incurred
Step-by-step explanation:
CP = 5,00,000
SP = 3,50,000
Since CP > SP
Therefore loss incurred
Loss = CP - SP
Loss = 5,00,00 - 3,50,000 = 1,50,000
Loss % = loss/CP x 100
Loss % = 1,50,000/5,00,000 x 100
Loss % = 30
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