Question

A tv is purchased at rs 5000 and sold at rs 4000 find the loss percent

Answer 1

The loss percent = 20%

Given :

A tv is purchased at Rs. 5000 and sold at Rs. 4000

To find :

The loss percent

Solution :

Step 1 of 3 :

Write down Cost price and Selling price

Here it is given that a tv is purchased at Rs. 5000 and sold at Rs. 4000

Cost price = Rs. 5000

Selling price = Rs. 4000

Step 2 of 3 :

Calculate amount of profit or loss

Now 4000 < 5000

∴ Selling price < Cost price

So there is loss

Loss amount

= Rs. 5000 - Rs. 4000

= Rs. 1000

Step 3 of 3 :

Calculate loss percent

Hence the required loss percent

$\displaystyle \sf{ = \frac{1000}{5000} \times 100 \% }$

$\displaystyle \sf{ = \frac{1}{5} \times 100 \% }$

$\displaystyle \sf{ = 20 \% }$

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Answer 2

Answer:

If a TV is purchased at Rs.5000 and sold at Rs.4000, the loss percentage is 20%.

Explanation:

We know,

The Cost Price = Rs.5000

The Selling Price = Rs.4000

∵ Loss = Cost Price - Selling Price where Cost price is greater than the Selling price.

∴ Loss = Rs. (5000-4000) = Rs. 1000

Loss percent = Loss × $\frac{100}{cost price}$

∴ Loss Percent = 1000 ×$\frac{100}{5000}$

                          = 20%

Answer) The loss percentage of tv if purchased at Rs. 5000 and sold at Rs.4000 is 20%.