Question

An article costing 5000 is sold for ₹ 4850. Is there a profit or loss? What

percentage is it?​

Answer 1

Answer:

loss 150 rs

3 percent loss

Step-by-step explanation:

Answer 2

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An article costing ₹ 5000 is sold for ₹ 4850. Is there a profit or loss ? What percentage is it ?

$\underline{\underline{\textsf{\maltese\:\: Solution :}}}$

Cost Price (CP) = Rs 5000

Selling Price (SP) = Rs 4850

As Selling Price (SP) < Cost Price (CP). So there will be Loss.

Loss (L) = Cost Price (CP) - Selling Price (SP)

Loss (L) = Rs 5000 - Rs 4850

Loss (L) = Rs 150

$\bf{Loss \% = \frac{Loss \; Amount \; (L) \; * \; 100}{Cost\; Price \; (CP)}}$

$\sf Loss\% = \frac{Rs\,150 \; * \; 100}{Rs\,5000}$

$\sf Loss\% = 3\%$

∴ Loss Amount = ₹ 150

∴ Loss % = 3%

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