Math MCQ: 5 years ago, Sunil has brought a motorcycle of Rs. 30000. If the depreciation of the fixed annual rate is 5% and he sold it for Rs. 20000, then what will be the gain/loss percentage ?

5 years ago, Sunil has brought a motorcycle of Rs. 30000. If the depreciation of the fixed annual rate is 5% and he sold it for Rs. 20000, then what will be the gain/loss percentage ?

Correct Answer: Loss, 12.5%

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WhatsApp+91 99922 70404Math MCQ: 5 years ago, Sunil has brought a motorcycle of Rs. 30000. If the depreciation of the fixed annual rate is 5% and he sold it for Rs. 20000, then what will be the gain/loss percentage ? | Extra Education