A man sold a car losing 20% of the cost price . If the car was bought for 600 naira, how much did he sell the car?
The question is worded sort of ambiguously. Maybe you meant
the man bought the car for 600
he sold it for 80% of that, or 480
Ps = 600 - 0.2*600 = 480 = Selling price.
you peole arew rong it is not 80 percent is 20
#750
Well, if the man lost 20% of the cost price, it means he only got 80% of the original value. So, if the car was bought for 600 naira, the man would have sold it for 80% of that price. Now, let me get my calculator... *beep beep beep* Ah, here it is! *drum roll* The man must have sold the car for... 480 naira! I hope he at least made some funny car noises with it before he sold it, just for added value.
To find out how much the man sold the car for, we can first calculate the amount he lost, which is 20% of the cost price of the car.
Step 1: Calculate the loss:
Loss = 20% of 600 naira
To find what 20% of 600 is, we can multiply 600 by 0.20 (since 20% is expressed as a decimal):
Loss = 600 naira × 0.20 = 120 naira
Step 2: Calculate the selling price:
The selling price is the cost price minus the loss.
Selling Price = Cost Price - Loss
Selling Price = 600 naira - 120 naira = 480 naira
Therefore, the man sold the car for 480 naira.
so 80% equals 600
1% equals 600/80
then 100% = (600/80)(100) = 750