the cost price of second hand scooter is rupees 45500 rupees 4500 is Paint on repairs if it is sold for rupees 53550 find the profit or loss percentage
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Answered by
16
Total expenditure on the scooter:
Rs (45500+4500)
= Rs 50000
Now, SP = Rs 53550.
Thus, loss = Rs (53550 - 50000)
= Rs 3550
Hence, loss % = 3550÷50000 × 100
= 7.1%
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3
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