Question

A shopkeeper bought a table for Rs. 5000 and it sold for Rs.4000. Find the loss amount and loss percentage?​

Answer 1

Answer:

Ok

Step-by-step explanation:

Cost price =5000

Selling price = 4000

Loss= SP - CP

= 5000-4000= 1000

Loss amount = 1000

Loss percentage = (lost amount/cost price) x 100

=      1000     x   100

       ____

       5000

=   1    x 100

   __

    5

= 20%