A book worth rs 300 is sold for rs 200 what is loss percentage
Answers
loss percentage = loss / c.p x 100
100 ×100/300
33.3333333333333333%
Answer: 33.33%
Step-by-step explanation:
Given : Cost price = Rs.300 Selling price = Rs.200
To find : loss percentage
= loss percentage = loss / c.p x 100
loss = Cost price - selling price
loss = Rs.300 - Rs.200
= Rs. 100
Loss percentage = 100/ 300 x 100
= 33.33%
Answer = 33.33%
The percentage is one of the most significant topics, serving as the foundation for calculations used in commercial arithmetic or in everyday life. To calculate the percentage gain or loss on an investment, purchasers must first determine the purchase price, which is done using the loss and profit percentage formula. The loss percentage formula is used to compute the percentage loss in any firm. A loss occurs when the cost price of a product exceeds the selling price in a business, whereas profit occurs when the cost price is less than the selling price.
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