Question

A gift pack was purchased for RS. 1600 and sold for Rs. 1400. Find the loss %.
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Answer 1

Answer:

12.5%

Step-by-step explanation:

CP = Rs. 1600

SP = Rs. 1400

Loss = CP - SP

Loss = 1600 - 1400 = Rs. 200

Loss percent = $\frac{Loss}{CP}$ × 100

Loss percent = $\frac{200}{1600}$ × 100

Loss percent = 12.5%

Answer 2

Answer:

8%

Step-by-step explanation:

Loss = CP - SP = 1600 - 1400 = 200

Loss = Loss/CP x 100

        = 200/1600

On canceling = 100/800

On canceling again = 50/400

On canceling again = 25/200

On canceling again = 5/40

On canceling again = 1/8 = 8

Therefore, Loss = 8%