A TV brought 12000 rupees was sold for 1200 rupees what is the loss percent
Answers
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%.
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Nice question
Question = A tv brought 12000 rupees was sold for 1200 rupees. What is the loss percent?
Solution " given that,
Cost price = 12000 rupees
Selling price = 1200 rupees
Then"
Loss = cost price - selling price
Loss = 12000 - 1200
Loss = 10800 rupees
___________________________________
Loss percent = ( loss × 100 ) / cost price
On putting the values on above formula "
=> ( 10800 × 100 ) / 12000
=> 1080 /12
=> 90 %
Hence, the loss percent is 90 %