A man buys 5 shirts for 600 rupees and sells 4 shirts for 440 rupees.find loss ?
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Hey friend,
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Question: A man buys 5 shirts for 600 rupees and sells 4 shirts for 440 rupees. Find loss ?
Answer:
Cost price of 5 shirts = 600
Cost price of 1 shirt = 120
Selling price of 4 shirts = 440
Selling price of 1 shirt = 110
∵ Selling price is less than cost price .
∴ There is loss.
Loss amount = Cost price - Selling price
= 120 - 110
= 10
Loss percentage = Loss amount * 100
Cost price
= 10 * 100
120
= 8.33%
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Hope this helped you !!
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