Question

Sudhir bought an almirah for ₹50,000 and spent ₹500 on its transportation. He sold it for Rs ₹25,000. Find his gain/loss per cent.

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Answer 1

Answer:

50.49%loss

Step-by-step explanation:

cp=50,000

overhead=500

total=50,000+500=50,500

sp=25,000

loss=50,500-25,000=25,500

loss%=loss/cp*100

=25,500/50,500*100=50.49%

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Answer 2

Given:-

Cost Price = ₹ 50,000

Transportation charge = ₹500

Selling Price = 25,000

To Find :-

Gain/loss Percent.

➸Formula Used :-

Loss=CP - SP

Loss %={(Loss/CP)×100}

Solution:-

The total cost price of almirah –

₹(50,000+500) = ₹50, 500.

Selling Price = ₹25, 000

By comparing SP and CP=SP<CP, so there is a Loss.

Loss = CP - SP

Loss = 50,500 -25,000

Loss = ₹25, 500.

Now,

Loss% = {(25, 500/50, 500) ×100} = Approx 50%.

Hence, Loss = ₹ 25,500 & Loss percentage = 50%.

Hope That Helps !