Question

"A" sold a pen Rs. 180. This was Rs 60 less than. What "A" paid for it. What was A loss as percentage of his cost price?

Answer 1

Answer:

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Answer 2

Answer:

Loss = 25 %

Step-by-step explanation:

To find the loss % ,if "A" sold a pen Rs. 180. This was Rs 60 less than. What "A" paid for it.

As we know that loss and profit both are Calculated over cost price if the article.

So,

Step 1: Find the cost price

CP = LOSS + SP

CP = 60+180

CP=240 Rs

Step 2: Loss = 60 Rs

Step 3: Finding loss %

Formula:

$Loss\: percentage = \frac{loss}{cost \: price} \times 100 \\ \\ = \frac{60}{240} \times 100 \\ \\ = \frac{6 \times 100}{24} \\ \\ = \frac{100}{4} \\ \\ = 25\:$

Loss = 25%

Hope it helps you.