Question

An article costing 240 rupees is sold for 210 rupees find the loss and the loss percentage.
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Answer 1

Answer:

Let the C.P. = Rs. x 

Profit =20%

Then S.P. =100120×x=56x

⇒56x−x=240

⇒5x=240

⇒x=240×5

⇒x= Rs. 1200

Then S.P. =1200+240= Rs. 1440

Answer 2

Answer:

Loss = Rs. 30

Loss Percentage =

$12 \frac{1}{2} \%$

Step-by-step explanation:

S.P = Rs. 210

C.P = Rs. 240

Loss = C.P - S.P

= Rs. 240 - 210

= Rs. 30

Loss Percentage=

$\frac{loss}{cost \: price} \times 100\% \\ = \frac{30}{240} \times 100\% \\ = \frac{100}{8} \% \\ = \frac{25}{2} \% \\ = 12 \frac{1}{2} \%$