Practicing Success
Amar buys an old washing machine for Rs.4,500 and spends Rs.500 on its repair. If he sells the washing machine for Rs.4,500, then what is his loss percent ? |
6% 8% 10% 12% |
10% |
Cost price = 4500 Spent = 500 Final cost price = 4500 + 500 = 5000 Selling price = 4500 Loss percentage = \(\frac{( 5000 - 4500 ) × 100}{5000}\) = 10% |