A man buys a machine for ` 7800 and sells it for ` 7500. Find his loss percent.
Answers
Answered by
2
Step-by-step explanation:
CP = 7800
SP = 7500
LOSS = CP - SP
LOSS = 7800 - 7500
LOSS = 300
LOSS % =
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Answered by
5
Question :
- A man buys a machine for 7800 and sells it for 7500
To find :
- His loss percentage
Solution :
we know that ,
- Loss percentage = ( C.P - S.P / C.P ) × 100
Here,
- C.P = 7800
- S.P = 7500
Substituting the values ,
➵ Loss percentage = ( C.P - S.P / C.P ) × 100
➵ Loss percentage = ( 7800 - 7500 / 7800 ) × 100
➵ Loss percentage = 300 × 100 / 7800
➵ Loss percentage = 300/78
➵ Loss percentage = 3.84%
Therefore :
- The loss percentage is 3.84
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