Sohail sold his old car for Rs. 45,000. He had earlier bought it for Rs. 80,000. What is his percentage loss? (A) 44.5%(B) 39.3%(C) 48.4% (D) 43.7%
A man makes a late payment of his property tax of Rs. 30,000. He is late by 45 days and on each day he is required to pay an additional amount of 1% as penalty but up to a maximum penalty of 15%. If the principal amount of property tax is less than Rs. 25,000. What is the total amount of penalty he is required to pay? (A) 4,500(B) 34,500 (C) 43,500(D) 13,500