Question

A bread toaster was bought for ₹ 500 and sold for ₹ 400 . Find the loss and loss percentage​

Answer 1

Answer:

20%

Step-by-step explanation:

500-400 = 100

500/100x400

20%

Answer 2

Given

A bread toaster was bought for ₹ 500.

It was sold for ₹ 400.

To Find

Find the loss and loss percentage.

Solution

Here, we can clearly see that it is a loss. We can find loss by:

• Loss = CP - SP
• Loss = 500 - 400
• Loss = 100

So, it was a loss of ₹ 100.

According to Question

We have to find loss percentage.

• Loss% = Loss × 100/CP
• Loss% = 100 × 100/500
• Loss% = 20%

So, loss% is 20%.