Question

Ravi bought a bicycle for rs 2500 and due to some fault in it sold it for rs1575. Find the loss%.​

Answer 1

Answer:

cost of bike =Rs.22,500

overhead expences=Rs.2500

total CP=Rs.22500+2500

=Rs.25000

SP of bike=Rs.30000

SP>CP

so,he makes a profit

Profit=SP-CP

=Rs.(30000-25000)

=Rs.5000

Profit%=profit÷costprice×100

rs.5000÷rs.25000×100

20%

hence he makes a profit of 20%@ńś...

hope it helps you

please mark me as a braimnliest answer...

Answer 2

Given:-

Cost price=RS 2500

Selling price= RS 1575

Loss=RS(2500-1575). =RS 925

Loss% = loss/cost price×100

=925/2500×100

=925/25

=37%

The loss Percentage is 37%