Question

Ramila buys a scooty at Rs.38,000. After 2 years she sold it at Rs.30,400. Then, how much percentage profit or loss Ramila gets?

Answer 1

Given


Ramila buys a scooty at Rs.38,000.

So Cost Price = 38000;


After 2 years she sold it at Rs.30,400.

So Selling Price = 30400


Here Cost Price is greater than Selling Price..so Loss exists.....

We know that...

Loss. = Cost Price - Selling Price

Loss = 38000- 30400

Loss= 7600

We know that...

loss Percentage

=( loss /Cost Price )×100

=( 7600/38000)×100

=20%


So loss = 7600 , loss Percentage= 20%

Answer 2

Answer:

loss=7600/-

loss%=20%