Question

$ram \: purchased \: old \: car \: for \: rupees \: 100000 \: he \: spent \: 10 \: percent \: of \: c.p \: on \: its \: repair \: sold \: the \: car \: for \: rupees \: 99000.find \: his \: gain \: or \: loss \: percentage$
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Answer 1

cp=100000

10%of cp

$\frac{10}{100} \times 100000$

$= 10 \times 1000$

$= 10000$

actual cp=₹110000

sp=99000

loss=₹11000

$loss\% = \frac{loss}{cp} \times 100$

$= \frac{11000}{110000} \times 100$

$= \frac{110}{11}$

=10%

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