Question

A cycle was purchased for rs1600 and sold for rs 1400. Find loss percentage

Answer 1

ANSWER:-

C.P=₹1600

S.P=₹1400

Loss=CP-SP

=>1600-1400

=>200

LOSS=Loss/CP×100

200/1600×100

=12.5%

HOPE OT HELP

Answer 2

Given - Cost price and selling price

Find - Loss percentage

Solution - Loss percentage = loss/cost price*100

Loss = Cost price - selling price

Loss = 1600 - 1400

Performing subtraction

Loss = Rupees 200

Keep the values in formula to find the loss percentage.

Loss percentage = 200/1600*100

Performing multiplication and division

Loss percentage = 12.5%.

Hence, loss percentage on the cycle is 12.5%.