Question

By selling an article for rs 1200 a shopkeeper suffers a loss of ₹300 find the cost price and loss percent . ​

Answer 1

Answer:

cost price is Rs.1500 and loss percent is 20%

Step-by-step explanation:

Selling price of article (SP) = Rs.1200

Loss = Rs.300

Cost Price =Selling Price + loss

= Rs.1200 + Rs 300

= Rs. 1500

Loss percent = 100 × loss / cost price

$100 \times \frac{300}{1500}$

$\frac{30000}{1500}$

$20$

hence the loss percent was 20%

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Answer 2

Answer:

cost price=1200+ 300=1500

loss percent = (loss/cp×100)%

300÷1500×100%

=o.2×100

=20%

Step-by-step explanation:

loss rs 300

cp rs1500

loss percent 20%