rehman bought a radio for rupees750 and spent rupees 50on transportation. then he sold it for rupees 750. find his loss percent or gain percent
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Verified answer
Answer:
The answer to this question is 6.25% Loss.
Step-by-step explanation:
According to this question,
Rehman bought a radio worth 750 and spent 50 rupees on its transportation.
After that, he sold his radio for 750 rupees. Now we have his gain or loss per cent.
Before finding his Gain or loss per cent. We first have to find his total C.P.
C.P = 750
Overhead charges = 50
Total C.P = C.P + Overhead charges
Total C.P = 750 + 50
C.P = 800
The total C.P of the radio is 800.
S.P = 750
Since C.P is greater than S.P, it is a Loss.
Loss = C.P - S.P
Loss = 800 - 750
Loss = 50
Loss% = Loss x 100/C.P
Loss% = 50 x 100/800
Loss% = 6.25%
The total loss incurred by Rehman is 6.25%.
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