Question

A scooter costing Rs. 12,000 was sold for
Rs 10,400 after two years, find the
percentage loss.
A
40/3
B
10/3
С
44/3
D
42/3​

Answer 1

Answer:

Loss % = loss ×100/CP

LOSS = 12000- 10400 = 1600

LOSS% = 1600×100/12000

= 160000/12000

= 133.33

therefore , option A is correct that is 40/3

Answer 2

Given: Cost Price of the scooter = Rs. 12,000

           Selling price of the scooter = Rs. 10,400

To find: The percentage loss

Solution: According to the given question,

Cost Price (CP) = Rs. 12,000

Selling Price (SP) = Rs. 10,400

Since, Cost Price > Selling Price, seller suffered a loss.

∵ Loss = Cost Price - Selling Price

⇒ Rs. 12,000 - Rs. 10,400 =  Rs. 1,600

∵ Loss percentage = $\frac{Loss}{Cost \ Price} \ * \ 100$

⇒ $\frac{1,600}{12,000} \ * \ 100 = \frac{40}{3}$ %

Hence, the loss percentage is $\frac{40}{3}$ % (Option A).