a box of mangoes was purchased by a fruit seller for rupees 300 however he had to sell them for rupees 255 because they begin to get over ripen what was the loss percent
Answers
Selling price of mangoes= Rs.255
Loss= Cost price-Selling price
=300-255
=Rs.45
Loss percent= Loss/Cost price×100
=45/300×100
=15%
Answer: The lost percent was 15%.
Hope it helps! :)
The percentage of loss = 15%
Given :
A box of mangoes was purchased by a fruit seller for Rs. 300 however he had to sell them for Rs. 255 because they begin to get over ripen
To find :
The percentage of loss
Solution :
Step 1 of 3 :
Write down Cost price and Selling price
Cost price = Rs. 300
Selling price = Rs. 255
Step 2 of 3 :
Calculate amount of loss
Now 300 > 255
∴ Cost price > Selling price
So there is loss
Loss amount
= Cost price - Selling price
= Rs. 300 - Rs. 255
= Rs. 45
Step 3 of 3 :
Calculate loss percentage
Hence the required loss percentage
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