Question

An Article bought for Rs 400 and sold for Rs 336 find the loss and loss percentage

Answer 1

Hey mate!

Here is your answer > >

C.P of an article=Rs.400

S.P.of an article=Rs.336

C.P.> S.P., there is a loss

Loss=C.P.-S.P.

=> Loss=400-336

=Rs.64

Loss%=Loss/C.P.×100

=64/400×100

=16%

Hope it helps!

Thankyou ☆ ☆

Answer 2

Given,

The cost price of an article = Rs. 400

The selling price of the article = Rs. 336

To find,

The loss and loss percentage.

Solution,

We can simply solve this mathematical problem using the following process:

Mathematically,

Loss = (cost price) - (selling price)

Loss percentage = (total loss)/(cost price)×100

{Statement-1}

Now, according to the question;

The total loss after selling the article

= (cost price) - (selling price)

= Rs. 400 - Rs. 336

= Rs. 64

And, the loss percentage

= (total loss)/(cost price)×100

= (Rs. 64)/(Rs. 400)×100

= 8%

Hence, the total loss after selling the article is Rs. 64 and the loss percentage is equal to 8%, respectively.