Question

Sunayna bought a refrigerator for 20,000
and sold it after 5 years for 8000.
a. Calculate the loss.
b. Calculate the loss percentage.​

Answer 1

Answer:

loss= 12,000

loss percentage= 40%

Answer 2

Step-by-step explanation:

(a) loss=cp-sp=20000-8000= ₹12000

(b) loss%= loss/cp ×100= 12000/20000×100=60%