Question

Sita and Radha purchased a car for rupees 320000 due to some economic problem they sold it for 280000.find the loss incured and loss percentage​

Answer 1

40000 and 12.5% respectively

Explanation:

soln:

given,

cost price(c.p)=320000

selling price(s.p)=280000

loss(l),loss percentage(l%)=?

we know,

l=c.p-s.p

or,l=320000-280000

•°•l=40000

now,

l%=l/c.p*100%

or,l%=40000/320000*100%

•°•l%=12.5%