Question

11. A dealer buys a motor cycle for 35,500 and sells it for
*33,370. Find his loss and loss percentage.​


please answer fast

Answer 1

Answer :

4.8%

Given :

• Cost price = Rs. 35,000
• Selling price = Rs. 33,370

To find :

• Loss Percentage

Solution :

Cost price = Rs. 35,000

Selling price = Rs. 33,370

Since, C.P > S.P. It is loss here.

Loss = C.P - S.P

= Rs. 35,000 - Rs. 33,370

= Rs. 1630

$\sf \: Loss = \dfrac{loss}{c.p} \times 100$

$\sf \: Loss = \dfrac{1630}{33370} \times 100$

$\sf \: Loss = \dfrac{163000}{33370}$

$\sf \: Loss = 4.8\%$

Hence, loss is of motor cycle is 4.8%.

Know more :

Formulas :

• Loss :

C.P > S.P

• Profit :

S.P > C.P

• Loss/Profit :

S.P - C.P

• Loss/ Profit percentage

$\sf \: loss/profit = \dfrac{loss/profit }{c.p} \times 100$