Question

A Radio is purchased for Rs 1200 and sold for Rs 1080 .Find the Loss percent

Answer 1

loss=1200-1080=120
loss percent= 120÷1200×120=12%

Answer 2

Loss percentage is 10%.

Step-by-step explanation:

It is given that a Radio is purchased for Rs 1200 and sold for Rs 1080 .

CP = Rs.1200

SP = Rs.1080

The formula for loss percentage is

$Loss\%=\dfrac{CP-SP}{CP}\times 100$

$Loss\%=\dfrac{1200-1080}{1200}\times 100$

$Loss\%=\dfrac{120}{1200}\times 100$

$Loss\%=10\%$

Therefore, the loss percentage is 10%.

#Learn more

A cycle is bought for rs.900 and sold for rs.1080, find the gain percent.

https://brainly.in/question/3768612