Ravi bought a new car for Rs 4,75,000. Accessories, insurance and tax cost him Rs
20,000. After 5 years, he sold the car for

Ravi bought a new car for Rs 4,75,000. Accessories, insurance and tax cost him Rs
20,000. After 5 years, he sold the car for Rs 2,50.000. Find his Loss percent.​

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Kylie

2 thoughts on “Ravi bought a new car for Rs 4,75,000. Accessories, insurance and tax cost him Rs<br />20,000. After 5 years, he sold the car for”

  1. Answer:

    Answer is 2,45,000

    Step-by-step explanation:

    Ravi bought a car = ₹ 4,75,000 + 20,000= 4,95,000

    Ravi sold the car = ₹ 2,50,000

    Loss = Cost price – Selling price

    = 4,95,000-2,50,000

    = 2,45,000

    Thus the Ravi had loss of ₹ 2,45,000.

    Hope it’s helpful for you.

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