Question

A bicycle was purchased for Rs.20000 and sold for Rs.18000. Find the profit or loss in percentage

Answer 1

Answer:

loss of 10%

Step-by-step explanation:

loss percent = loss value/ original value. *100

2000/20000*100

Answer 2

Loss % = loss value /original value

= 20,000 -18,000 / 20,000 ×100

=2000/20,000 ×100

= 10%

The loss is 10 %.

Hope it helps ❤