Question

By selling a table for Rs. 880 a trader losses 12%. Find loss percent.


plz tell ​

Answer 1

Answer:

12% itself because it is the percentage of loss he had.

Step-by-step explanation:

If the question was to the find actual or initial cost of the table then

direct formula

amount after decreasing x × (100 - loss%) / 100

loss amount =

so

= x × (100-12)/100 = 880

= x × 88/100 = 880

= x = 1,000

so initial amount = 1,000

I hope you would have understand

Answer 2

The cost price is 1000.

Given: By selling a table for Rs. 880 trader losses 12%.

To find: We have to find the cost price of the table.

Solution:

The selling price of the table is 880.

The loss percentage is 12%.

We know that loss percentage is a ratio of subtraction of cost price to the selling price with cost price multiple by 100.

Thus let the cost price is x.

We can write-

$\frac{x - 880 }{x} \times 100 =12 \\ 100x - 88000 = 12x \\ 88x = 88000 \\ x = 1000$

The value of x is 1000.

So, the cost price is 1000.