1.

Kola lost 20% by selling a bicycle for 1536.what % shall he he gain of loss by selling it for 2000

Answer»

4% Kola will loss by SELLING it for ₹2000

Step-by-step explanation:

GIVEN

Selling PRICE = ₹1536

loss = 20%

___________________________

TO FIND

What percent Kola will gain or loss by selling it for ₹2000

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We know that,

Cost Price = ( Selling Price × 100 ) / ( 100 - Loss Percent )

Cost Price = ( 1536 × 100 ) / ( 100 - 20 )

Cost Price = 153600 / 80

Cost Price = 1920

Cost Price = ₹1920

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If Kola sell it for ₹2000

= 2000 - 1920

= 80

Kola will GET loss of ₹80

He will get loss

We know that,

Percent = ( Part VALUE / Total Value ) × 100

Percent = ( 80 / 2000 ) × 100

Percent = 0.04 × 100

Percent = 4

Percent = 4%

4% Kola will loss by selling it for ₹2000



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