Question

A Radio bought for Rs. 1200 is sold for 4/5 of the cost price. Find the loss percentage​

Answer 1

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Given :

Cost price ( CP ) = Rs. 1200

Selling price ( SP ) = 4 / 5 of CP

According to the question :

☞ Selling price = 4 / 5 × CP

=> 4 / 5 × 1200

=> Rs. 960.

☞ Loss = CP - SP

=> 1200 - 960

=> Rs. 240.

☞ Loss percentage = Loss / CP × 100

=> 240 / 1200 × 100

=> 20 %

$<marquee><b><font colour="red">$ Loss % = 20 % ☺❄☺