Question

A man bought coconuts for 650 rupees and sold these for 598 rupees. What is the percent of loss?​

Answer 1

Answer:

8%

Step-by-step explanation:

Given :-

CP = Rs. 650

SP = Rs. 598

Loss = CP-SP

= Rs. 650-598

= Rs. 52

Loss Percent = Loss/CP×100

= 52/650 × 100 %

= 8%

Answer 2

Answer:

∴ The percentage loss is $8$%.

Step-by-step explanation:

• In context to question asked,
• We have to find the percent of loss.
• Here, cost price of coconuts = Rs. $650$

        Selling price of coconuts = Rs. $598$

• The cost price of coconuts is greater than the selling price. Hence, loss happens with man.
• Now, the formula to find the loss is given by,

      Loss = Selling price - Cost price

              = $650-598$

              = Rs. $52$

• Now, the formula for percentage loss given by,

       % Loss = $\frac{Loss}{Cost price} \times100$

                  = $\frac{52}{650} \times100$

                  = $8$%  

• ∴ The percentage loss is $8$%.