Question

cost = 689
sell=510
Lossz 170
1 Loss%= ?​

Answer 1

Given:

Cost = 689

Sell = 510

Loss = 170

To find:

Percentage of loss

Solution:

Let us use the formula of loss percentage

loss percentage = [ $\frac{loss}{cost price}$ × 100]%

= $\frac{170}{689}$ × 100

= 24.68%

Therefore the loss percentage is 24.68% for the above amounts.

you can further check your answer by using the formula for loss given below.

loss = $\frac{loss percent}{100}$ × cost price

      = $\frac{24.68}{100}$ × 689

      = 170 ( approx. as the loss percent is in decimals)