Question

A man purchased a bicycle for Rs.600 and sold it for Rs.550 . Find his (i)loss (ii)loss %​

Answer 1

Answer:

(1)50 ruppes (2)5%

Step-by-step explanation:

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Answer 2

Answer:

(I) Loss= Rs. 600-550= Rs. 50

(ii) Loss percentage= Loss×100/Cost price(C.P)

= 50×100/600= 5000/600= 50/6 = 8.33%