Question

8. A shopkeeper bought a table for Rs 250 and sold it for Rs 175. Find the loss percentage. ​

Answer 1

➤ Given :-

Cost price :- ₹ 250

Selling price :- ₹ 175

➤ To Find :-

Loss percentage of the given sum.............

➤ Formula required :-

$\large \tt \dashrightarrow \orange{ \boxed{ \tt \gray{ \dfrac{Loss}{Cost \: Price} \times 100}}}$

➤ Solution :-

First, we should find the loss of the given sum..

Loss :-

$\tt \longrightarrow250 - 175$

$\tt \longrightarrow 75$

Now,

Loss percentage :-

$\tt \longrightarrow \dfrac{75}{250} \times 100$

$\tt \longrightarrow \dfrac{75 \times 100}{250} = \dfrac{7500}{250}$

$\tt \longrightarrow \cancel \dfrac{7500}{250} = \boxed { \tt 30 \bf\%}$

$\Huge\therefore$The loss percentage of the given sum is 30 $\bf\%$.

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$\dashrightarrow$Some related formulas :-

Profit :- $\boxed{\tt SP-CP}$

Profit percentage :- $\boxed{\tt\dfrac{Profit}{CP}\times 100}$

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More to know................

• Profit and loss is obtained for shopkeepers in thier shops. Profit is obtained when the selling price is greater than cost price. Loss is obtained when the cost price is greater than selling price.
• Profit and loss can also be converted into percentage form by some mathamatical formulas.
• To convert profit to percentage, we should divide the profit with cost price and then multiply by 100.
• To convert loss to percentage, we should divide the loss with cost price and then multiply by 100.