Question

Alan bought a chair for 5000 and sold it for 3500. work out the percentage loss.​

Answer 1

Answer:

percentage loss.​ = 30%

Step-by-step explanation:

CP = 5000

SP = 3500

Loss = CP-SP

= 5000 - 3500

=1500

Loss % = Loss/CP x 100

= 1500/5000 x 100

=1500/50

= 30%

Answer 2

Step-by-step explanation:

Given ..

Cost price=5000 Rs

Sell price=3500Rs

loss percent=?

To find the loss percent ,first of all we need to find loss amount.

To find loss amount,

loss Amount=Sell price - Cost price

=5000-3500

=1500 Rs

To find the loss percent,

Loss percent=loss amount/total amount*100

=1500/5000*100

=30%

... Therefore Alan suffered a loss of 30%.