Multiple choice

Aman bought a computer for Rs. 50,000 and spent Rs. 5,000 on its repairs. If he sells at Rs. 37,000, then what will be his loss percentage?

  1. 32.7%

  2. 32.2%

  3. 32.9%

  4. 32.5%

  5. None of these
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Total cost price = 50,000 + 5,000 = 55,000. Selling price = 37,000. Loss = 55,000 - 37,000 = 18,000. Loss percentage = (18,000 / 55,000) * 100 = 32.72%.

AI explanation

The total cost price is the purchase price plus repairs, which is 50,000 + 5,000 = Rs. 55,000. Given the selling price is Rs. 37,000, the loss incurred is 55,000 - 37,000 = Rs. 18,000. Using the loss percentage formula, (Loss / Cost Price) * 100, the calculation is (18,000 / 55,000) * 100. The loss percentage is 32.72%, which rounds to 32.7%.

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