Arthur runs an Electronics shop. He recently bought a new air conditio

1.	Arthur runs an Electronics shop. He recently bought a new air conditioner for ₹32,000 . He sold the AC for ₹28,000.What is Arthur's loss percent?
Answer» ➥QUESTION Arthur RUNS an ELECTRONICS shop. He recently bought a NEW air CONDITIONER for ₹32,000 . He sold the AC for ₹28,000.What is Arthur's loss percent? ➥SOLUTION Bought a new AC = ₹32,000 Sold that AC for = ₹28,000 Cost Price = 32,000 Selling Price = 28,000 Formula to FIND loss percent: 32,000-28,000 = 4,000 LOSS % = $\huge\frac{loss}{cost \: price} \times 100$ LOSS = 4,000 COST PRICE = 32,000 $\huge \frac{4000}{32000} \times 100 = 12.5\%$ ANSWER 12.5%

Arthur runs an Electronics shop. He recently bought a new air conditioner for ₹32,000 . He sold the AC for ₹28,000.What is Arthur's loss percent?

Answer»

➥QUESTION

Arthur RUNS an ELECTRONICS shop. He recently bought a NEW air CONDITIONER for ₹32,000 . He sold the AC for ₹28,000.What is Arthur's loss percent?

➥SOLUTION

Bought a new AC = ₹32,000

Sold that AC for = ₹28,000

Cost Price = 32,000

Selling Price = 28,000

Formula to FIND loss percent:

32,000-28,000 = 4,000

LOSS % =

$\huge\frac{loss}{cost \: price} \times 100$

LOSS = 4,000

COST PRICE = 32,000

$\huge \frac{4000}{32000} \times 100 = 12.5\%$

ANSWER 12.5%

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Arthur runs an Electronics shop. He recently bought a new air conditioner for ₹32,000 . He sold the AC for ₹28,000.What is Arthur's loss percent?​