You multiply fractions simply by multiplying numerators and denominators with each other:
What’s the correct answer for this?
1 answer:
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Given:
Selling price of a machine = 7000/-
Gross loss = 20%.
To find:
The cost and gross loss.
Solution:
Let x be the cost of machine.
According to the question,
Divide both sides by 0.8.
So, the cost of the machine is 8750/-.
Now,
Therefore, the gross loss is 1750/-.