Q. 54.2( 45 Votes )

Robin purchased a

Answer :

Actual Price of an old car = Purchase Price + Overheads (Like Repairing Cost, Insurance)


= 73500 + 10300 + 2600


= 86400


Cost Price (CP) = Rs.86400


Selling Price (SP) = Rs.84240


Since, CP > SP. So, this will be considered as Loss.


Loss = CP – SP


= 86400 – 84240


= 2160


Hence,




= 2.5%


So, Loss percent is 2.5%


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