Question

Sohan bought a second hand car for Rs 2,50,000,then Sold it for Rs 2,00,000.Find his loss Percentage

Answer 1

loss % = (loss/cost price) * 100

cost price = 200000

loss = 250000 - 200000 = 50000

loss % = (50000/200000) * 100

= 5/2 * 100

= 5 * 4

= 20 %

hope it helps !!!

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