Question

A man sold his car for 440000 if it's cost price is 550000 find the loss percent​

Answer 1

SOLUTION :-

Man bought the car for ₹5,50,000

Man sold car for ₹ 4,40,000

Loss = Man bought the car - man sold the car

= 550000 - 440000

= 110000

In the given question. They told to find the loss percentage

Loss%= (Loss × 100) / cp

Loss%= (110000 × 100)/550000

Loss % = 20%