a Priyanka brought a bottle for Rs. 50 and sold it for Rs. 30. Find her profit/loss percentage. O O 20% profit O 30% loss O 40% loss O 50% loss Next Questi
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Answer:
profit percentage= profit/cost × 100
loss percentage = loss/cost × 100
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The loss is 40%.
Given - Selling price and cost price
Find - Profit/loss percentage
Solution - As the selling price is lesser than cost price, there was loss.
Loss = Cost price - Selling price
Loss = 50 - 30
Loss = Rs. 20
Loss percentage = loss/cost price*100
Loss percentage = 20/50*100
Loss percentage = 40%
Hence, the loss is 40%.
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