Question

amit bought a bicycle for Rs 2400 and sold it for Rs 2100 find loss percentage

Answer 1

Cost price= 2400 Rs.
Selling price = 2100 Rs .

S. P < C. P.

There is a loss in the transaction.

Loss = C. P - S. P = 2400-2100=300

Loss% = 300/2400*100=12.5%

Answer 2

Heya,

Given,

CP = Rs.2400
SP = Rs.2100

To find loss percentage,

Loss = CP - SP
Loss = 2400-2100
Loss = Rs.300

Loss percentage = Loss/CP × 100
Loss percentage = 300/2400 × 100
Loss percentage = 300/24 × 1
Loss percentage = 100/8
Loss percentage = 12.5 %

Hope my answer helps you :)

Regards,
Shobana