Question

a shopkeeper purchase pencils ₹210 and and had to sell ₹180 find its profit and loss percentage​

Answer 1

The loss percentage​ =  14.2857 %

Step-by-step explanation:

We have,

The cost price of pencil (C.P.) = ₹ 210 and the selling price of pencil (S.P.) = ₹ 180

To find, the profit or loss percentage​ =

Here, SP < CP, loss

∴ Loss = CP - SP

= ₹ 210 - ₹ 180 = ₹ 30

We know that,

Loss percent (%) =$\dfrac{Loss}{CP} \times 100$

$=\dfrac{30}{210} \times 100$

$=\dfrac{100}{7}$

= 14.2857 %

Hence, the loss percentage​ =  14.2857 %