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BaLLatris [955]

3 years ago

10

An owner of Honda City car sells his car at a price of RM 7.50,000 with a loss present of 12.5%. Then find the price at which he

purchased the car and also find the loss suffered by the owner.

1 answer:

Mars2501 [29]3 years ago

8 0

Answer:

Cost = RM 857143

Loss = RM 107143

Step-by-step explanation:

<u>Given:</u>

Selling price SP = RM 750000
Loss% = 12.5
Cost price CP = x

<u>Cost price is found as:</u>

SP = CP - 12.5%
750000 = x - 12.5%
750000= x*(100-12.5)/100
750000= 0.875x
x= 750000/0.875
x≈ RM 857143

<u>Loss is:</u>

RM 857143 - 750000 = RM 107143

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