Question

A football is bought for ₹120 and sold for ₹105.The loss is

Answer 1

Hey! Loss = CP - SP          =120 - 105 rs          = 15 Rs Thus loss is Rs. 15. And loss % = loss/CP ☓ 100%                     = 15/120 ☓ 100%                     = 1 /8 ☓ 100%                     = 12.5 % Hence loss percent is 12.5 %