Profit and Loss Practice Test 2

Question : 18 of 40

Marks: +1, -0

By selling a car for Rs 64,000, Mr Rao lost 20%. Then the cost price of the car is:

Solution:

SP of the car = Rs 64,000
Lost = 20%
CP of the car

= 64,000 +64,000×20/100

= 64,000 + 12,800 = Rs 76,800

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