Ravi has purchased a vehicle costing ₹60,000. He sold it at a price of ₹ 42,000 to Amit. What is the percentage decrease of the price of the vehicle ?

Open in App

Solution

Amount at which Ravi sold the vehicle = ₹42,000
Decrease in price of vehicle $= ₹ 60, 000 - ₹ 42, 000 = ₹ 18, 000$
Percentage decrease $= \frac{18, 000}{60, 000} \times 100 = 30 %$

Suggest Corrections

Similar questions

Q. Ravi has purchased a vehicle at ₹ 60,000. He sold it at a price

30 %

less than its value to Amit. Amit spent

5 %

of the amount he purchased in repairs. Find the percentage decrease of the price of the vehicle, including the repair price also.

Ravi has purchased a vehicle for Rs 60,000.he sold it at a price of 30% less then it's value to amit. Amit spent 5% of the amount he purchased in repairs . Hindi percentage decrease of the price of the vehicle including the repair price.

Ravi has purchased a vehicle at Rs.60,000. He sold it at a price $30 %$ less than its value to Amit. Amit spent $5 %$ of the amount he purchased in repairs. Find the percentage decrease of the price of the vehicle, including the repair price also.

Ravi purchased a vehicle at ₹ 60,000. He sold it at a price 30% less than its value to Amit. Ravi also spent 5% of the price at which he sold to Amit in documents transfer. Find the overall Percentage loss in the entire transaction for Ravi.

The cost of a vehicle, purchased 4 years ago, depreciates at the rate of 15% every year. If its present worth is ₹ 4,00,000, then find its purchase price.

Join BYJU'S Learning Program

Ravi has purchased a vehicle costing ₹60,000. He sold it at a price of ₹ 42,000 to Amit. What is the percentage decrease of the price of the vehicle ?

Amount at which Ravi sold the vehicle = ₹42,000 Decrease in price of vehicle =₹60,000−₹42,000=₹18,000 Percentage decrease =18,00060,000×100=30%

Amount at which Ravi sold the vehicle = ₹42,000
Decrease in price of vehicle $= ₹ 60, 000 - ₹ 42, 000 = ₹ 18, 000$
Percentage decrease $= \frac{18, 000}{60, 000} \times 100 = 30 %$