Question

A scooter costing rs. 12000 was sold for rs 10400 after 2 year. Find the percentage loss

Answer 1

Answer:

cost price - 12000

sells price - 10400

loss= cp-sp

12000-10400= 1600

loss%= (loss÷cp)×100

(1600÷12000)×100

=13.33%

Answer 2

The loss percentage is 13⅓ %

Given : A scooter costing rs. 12000 was sold for rs 10400 after 2 year.

To find : The loss percentage.

Solution :

We can simply solve this mathematical problem by using the following mathematical process. (our goal is to calculate the loss percentage)

Now,

Cost price = Rs. 12000

Selling price = Rs. 10400

So,

The loss amount :

= Cost price - Selling price

= 12000 - 10400

= Rs. 1600

The loss percentage :

= 100 × Loss amount/Cost price

= 100 × (1600/12000)

= (40/3)%

= 13⅓ %

(This will be considered as the final result.)

Hence, the loss percentage is 13⅓ %