Question

v) Nado bought a cricket bat worth Rs. 2000/-.His friend Frank on seeing Nado's cricket bat
liked it a lot and offered him the best price he can afford for it at Rs. 1500. Nado, unwillingly
had to sell his cricket bat to Frank as he was his best friend. Calculate:
a) The loss percentage that Nado had to bear
b) The amount of loss that Nado had to suffer​

Answer 1

Answer:

a) 75%

b) ₹500

Step-by-step explanation:

a) To find the percentage, we have to find:

= 1500/2000 × 100

= 150000 ÷ 2000

= 75%

Hence, The loss percentage that Nado had to bear = 75%

b) To find the loss, we need to do subtraction

To find the loss, we need to do subtraction = 2000 - 1500 = 500

Hence, The amount of loss that Nado had to suffer = ₹500

Hope this helps! :D