Ali sold his old car for Rs. 43,000. He bought it for Rs. 50,000. What is his percentage loss?
Ali sold his old car for Rs. 43,000. He bought it for Rs. 50,000. What is his percentage loss?
Explanation
Loss = 50000 - 43000 = 7000
Loss % = (7000 / 50000) × 100 = 14%