Question

Ravi sold his car for Rs 1,50,000 that he purchased for Rs 2,00,000 in the year 2018. Find the PROFIT GAINED/ LOSS INCURRED and the PROFIT %/ LOSS % *

OLoss = Rs 50, 000 ; Loss % = 33.3%
OLoss = Rs 50, 000 ; Loss % = 25%
OProfit = Rs 50, 000 ; Profit % = 33.3%
OProfit = Rs 50, 000 ; Profit % = 25%

Answer 1

Answer:

LOSS =50, 000

Step-by-step explanation:

LOSS=====25

Answer 2

CP of the car : 200000

Sp : 150000

Cp > Sp

so it is loss

loss : 200000- 150000

: 50000

• loss% : loss/cp * 100
• : 50000/200000*100
• : 25%