Question

A person bought one kilogram of orange for RS 80 and sold for RS 60 find the loss is persentage?

Answer 1

Given: C.P. (Cost price) of 1 kg oranges = Rs 80

           S.P. (Selling price) of 1 kg oranges = Rs 60

To find: Loss percentage

Solution: According to the given question,

.: C.P.  >  S.P.

When C.P. is greater than S.P., loss occurs

.: Loss = C.P. - S.P.

          = 80 - 60 = Rs 20

.: Loss Percentage = $\frac{Loss}{C.P.}$ × 100

                               = $\frac{20}{80}$ × 100

                                = 25 %, required solution