Question

By selling a chair for Rs.1400 the carpenter suffers a loss of Rs.100. Find his loss percent​

Answer 1

Answer:

6 whole 2/3% loss

Step-by-step explanation:

Let the cost price be x

Loss=Cost Price-Selling price

100=x-1400

or, -x=-100-1400

or, -x=-1500

or, x=1500

We know that the cost price or x=1500

So, %loss=loss/cost price *100%

=100/1500*100%

=10000/1500%

=100/15%

=6 whole 10/15%

=6 whole 2/3% loss

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