Question

cost price= 7425 selling price= 6320, find the percentage of the loss​

Answer 1

Answer:

Given that ;

Cost Price,

C.P = Rs. 7,425

Selling Price,

S.P = Rs. 6,320

C.P > S.P

So ;

Loss = C.P - S.P

L = 7,425 - 6,320

L = 1,105

Hence ;

Loss = Rs. 1,105

Loss Percentage ( L% ) = ?

Formula :

Loss Percentage ( L% ) = Loss / C.P × 100

L% = 1,105 / 7425 × 100

L% = 14.8%

Hence ;

Loss Percentage = 14.8%

Loss Percentage = 15% ( Approximately )