Question

A TV brought 12000 rupees was sold for 1200 rupees what is the loss percent

Answer 1

bought 12000

sold 1200

24000

24000×100/12000
200

Answer 2

A TV bought for Rs. 12000

So, Cost price of the TV is Rs 12000

Sold the same TV for Rs. 1200

So, Selling price of the TV is Rs. 1200

As the TV was bought more than the price at which it was , so this is loss.

Loss on selling the TV = price at which it was purchased - price at which it was sold

Loss = Rs. 12000 - Rs. 1200

Loss = Rs 10800

Hence,

Loss per cent = Loss/CP x 100

Loss per cent = 10800/12000 x 100 = 10800/120

Loss per cent = 90

Therefore,

loss percent on selling the television is 90%.