Question

A scooter was bought for rs8800 and sold for 7600 find the loss per cent

Answer 1

Cost price of scooter = Rs.8800

Selling price of scooter = Rs.7600

$=>SP < CP$

Therefore its a loss.

$= > 8800 - 7600$

$= > 1200$

$= > \: loss \: percent \: = \frac{ cp - sp \: }{cp} \times 100$


$= > \frac{8800 - 7600}{8800} \times 100$

$= > \frac{1200}{88}$

$= > 13.63$

=> 13.63% ( approx )

Therefore the loss % is 13.63% ( approx )

Answer 2

Answer:

13.63%

Step-by-step explanation:

(SP-CP)/CP X 100 =PROFIT %

(CP-SP)/CP X 100 = LOSS %

In your question, CP=8800 , SP=7600

SO,here is LOSS as CP > SP. using above formula the answer will be loss of 13.6 %.