Question

ravi bought a new car for rs475000. accessories,insurance and tax cost him rs 20,000. after5year ,he sold the car for rs2,50,000 find his loss%.

Answer 1

total cost = 495000
lost % = 245000\495000*1000
= 49.5% (approx.)

Answer 2

loss% = 245000/495000×100

=49.49495
=49.5 (appx.)