Question

A bicycle is bought for ₹1530 and sold for ₹1275 find the loss percent

Answer 1

Answer:

Step-by-step explanation:

Loss = SP - CP

Loss = 1530 - 1275

        = 255

Loss % = (Loss / CP)  × 100

On substituting,

Loss %  = 255/1275 × 100

            = 1/5 × 100

            = 20 %

Hope it helps...

Answer 2

When CP is greater than SP then it occurs a loss. In this case we are also doing this.

CP = ₹1530

SP = ₹1275

Loss = (CP-SP)

= ₹(1530-1275)

= ₹225

Loss% = (Loss/CP×100)

= (225/1530×100)

= 16.6666667%

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