An article bought for rupees 200 is sold at 196 what is the profit loss percent
Answers
Answer:
Loss Percentage = 2%
Step-by-step explanation:
Cost Price= 200 Rupees
Sell Price = 196 Rupees
Loss = 200 - 196 = 4 Rupees
Loss Percentage
= 4 / 200 x 100
= 2 %
The Seller Suffered a loss of 4 rupees Which is 2% of loss
Answer:2%
Step-by-step explanation: Step One: you first need to find out HOW MUCH is lost, therefore, you will subtract 196 from 200.
Step Two: when you find out how much is lost, you take that number and put it out of how much you bought it for and, therefore you are suppose to have something like this: 4/200
Step Three: you now multiply that by a hundred because a percentage is always out of a hundred, you now suppose to have something like this: 4/200 * 100/1
Stwp Four: when u finish multiplying and so on, you are suppose to be left with this: 4/2 and when reduced you get 2%