Question

Ashma purchased a second hand scuti for Rs 152,000 she spent R$ 8,00⁰ to repair it and sold it at 3%. loss. At what price did she sell the scuti?​

Answer 1

Answer:

Rs 155,200

Step-by-step explanation:

The formula to calculate the selling price when there is a percentage loss is:

$\sf  \textsf{Selling Price (SP)} = \textsf{Cost Price (CP)} \times (1 - \textsf{Loss Percentage})$

In this case, the cost price $\sf CP$ is the sum of the purchase price and the repair cost:

$\sf  CP = \textsf{Purchase Price} + \textsf{Repair Cost}$

Given that the purchase price is Rs 152,000 and the repair cost is Rs 8,000, we can calculate the cost price:

$\sf  CP = 152,000 + 8,000 = 160,000$

Now, we know that Ashma sold the scooter at a 3% loss.

So, the loss percentage $\sf  \textsf{Loss Percentage}$ is 3%.

Now, Substitute the values into the formula:

$\sf  SP = 160,000 \times (1 - 0.03)$

$\sf  SP = 160,000 \times 0.97$

$\sf  SP = 155,200$

Therefore, Ashma sold the scooter for Rs 155,200.