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An owner of Honda City car sells his car at a price of RM 7.50,000 with a loss present of 12.5%. Then find the price at which he purchased the car and also find the loss suffered by the owner.


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Respuesta :

mhanifa

Answer:

Cost = RM 857143

Loss = RM 107143

Step-by-step explanation:

Given:

  • Selling price SP = RM 750000
  • Loss% = 12.5
  • Cost price CP = x

Cost price is found as:

  • SP = CP - 12.5%
  • 750000 = x - 12.5%
  • 750000= x*(100-12.5)/100
  • 750000= 0.875x
  • x= 750000/0.875
  • x≈ RM 857143

Loss is:

  • RM 857143 - 750000 = RM 107143

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