Question

An article was bought for ₹300 and sold for ₹240. The percentage of loss is

Answer 1

Given : An article is bought for Rs.300 and sold for Rs.240 .

To Find : Find the Loss %

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SolutioN : For finding the Loss % .We need to apply the formula for that is Loss % = Loss/Cost Price × 100 . So,Let's Solve :

$\dag$ Formula Used :

• ${\underline{\boxed{\sf{ Loss \; \% = \bigg\{ \dfrac{Cost \; Price - Selling \; Price}{Cost \; Price} \bigg\} \times 100 }}}}$

$\dag$ Applying the Values :

$\begin{gathered} \; {\longmapsto{\qquad{\sf{ Loss \; \% = \bigg\{ \dfrac{Cost \; Price - Selling \; Price}{Cost \; Price} \bigg\} \times 100 }}}} \\ \\ \\ \ {\longmapsto{\qquad{\sf{ Loss \; \% = \bigg\{ \dfrac{300 - 240}{300} \bigg\} \times 100 }}}} \\ \\ \\ \ {\longmapsto{\qquad{\sf{ Loss \; \% = \bigg\{ \dfrac{60}{300} \bigg\} \times 100 }}}} \\ \\ \\ \ {\longmapsto{\qquad{\sf{ Loss \; \% = \bigg\{ \dfrac{60}{\cancel{300}} \bigg\} \times \cancel{100} }}}} \\ \\ \\ \ {\longmapsto{\qquad{\sf{ Loss \; \% = \dfrac{60}{3} }}}} \\ \\ \\ \ {\longmapsto{\qquad{\sf{ Loss \; \% = \cancel\dfrac{60}{3} }}}} \\ \\ \\ \ {\qquad{\longmapsto \; {\underline{\boxed{\pmb{\frak{ Loss \; \% = 20 \; \% }}}}}}} \; {\purple{\bigstar}} \end{gathered}$

$\dag$ Therefore :

The Article was sold at a loss of 20 % .

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Answer 2

Step-by-step explanation:

solutions :

he bought a article 300 rs

he sold they article 240 rs

loss = C.p - S.p

=300-240.

=60

loss percent.=loss*100/cost price

=60*100/300

=20%

The percentage of loss is 20%