Question

ATV bought for 12000 rupees was sold for 10200 rupees what is the loss percentage

Answer 1

loss percentage= loss/cp*100

cp=12000

sp=10200

so loss =cp-sp

=12000-10200= 1800

loss%=1800/12000*100= 15%loss

Answer 2

Buying price = 12000

Selling price = 10200

Loss = (Buying price - Selling price)/Buying price x 100

        = (12000 - 10200) / 12000 x 100

        = 15%