Question 68

Anil buys a motorcycle for ₹84,000 and sells it at a loss of 12%. What is the selling price of the motorcycle?

Solution

Anil buys a motorcycle for ₹84,000 and sells it at a loss of 12%.

Selling price of the motorcycle = ₹84,000 of (100-12)%

= ₹84,000 of 88%

= $$84000\times\frac{88}{100}$$

= ₹73,920

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