Question

By selling an article for rs 770,a man incurs a loss of rs 110. find his loss percentage.

Answer 1

Selling Price =770
LOSS=110
So,
Cp=Sp+Loss
=770+110
=880

loss℅=
$= \frac{loss}{cp} \times 100$
$= \frac{110}{880} \times 100 \\ = \frac{25}{2}$
$= 12.5$
Hence,he lost 12.5℅

Answer 2

Let the orig price be X

X-770 = -110

X = 880

(770-880)/880*100 = -110/880*100

-12.5%