Question

By selling an ox for rupees 3920 a person suffers a loss of rupees 78.40. Find his loss percentage.

Answer 1

hi friend,

SP = 3920 Rs
Loss = 78.40 Rs

CP = SP + Loss = 3920+78.4 = 3998.40 Rs

Loss%
= (loss / CP) * 100
= (78.4 / 3998.4)  * 100
= 1.96
is the required Loss %

Hope it helped
Let me know if any doubts
Cheers !!!

Answer 2

s.p =3920
loss=78.40

c.p =3920 +78.40
=3998.40

loss%=78.40/3998.40×100
=1.96%
approximately 2%

Hope it helps you friend .
Have a nice day.