a chair brought Rs 1500 and sale price is 1100 find the loss percent
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0
Answer:
26.666% or 26 1000/1500
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5
Before, finding the answer. Let's find out we can find the answer.
- In this question, we are asked to find the Loss Percent.
- So, to find that, we have to first compare to check, whether it is loss or profit.
- Then, after finding, we have to subtract the S.P and C.P.
- At last, to find the Loss Percent, we must use the formula of :
_______________________
Given :
- Cost Price = Rs. 1500
- Selling Price = Rs. 1100
To find :
- Loss Percent
Solution :
Since,
C.P > S.P.. Therefore, it is Loss.
Loss = C.P - S.P
= 1100 - 1500
= 400
Now,
Therefore, Loss Percent is 26.6%.
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