Question

By Selling a T.V. for Rs. 8500/- , a loss of Rs.1500/- is suffered.Find the loss%

Answer 1

Loss = Cost price - Selling price
Cost price = Selling price + Loss
Cost price = 8500 + 1500 = 10000 rupees

Now
Cost price = 10000
Loss = 1500

Loss % = Loss / Cost price * 100
Loss % = 1500/10000 * 100
Loss % = 15 %

hope this helps.....