Question

An article of Rs 120 was sold on Rs 100, the loss percent is​

Answer 1

Answer:

hope this helps you

answer will be 20%

Answer 2

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Step-by-step explanation:

Loss percent is 16.67 %.

Given that:

Cost price of an article is Rs. 120.

Selling price of the article is Rs. 100.

To Find:

Loss percent.

Formula used:

Loss = CP - SP rcent = (Loss × 100)/CP % rcent = (Loss × 100)/CP %

Where,

SP = Selling price

CP = Cost price

Finding the Loss:

⇒ Loss = Rs. (120 - 100)

⇒ Loss = Rs. 20

Finding the Loss percent:

⇒ Loss percent = (20 × 100)/120 %

⇒ Loss percent = 2000/120 %

⇒ Loss percent = 16.67 % (approx.)