Question

Cost price RS .2000, selling price RS .1900

Answer 1

Answer:

There will be loss percentage of 5 %

Step-by-step explanation:

We have given cost price = Rs.2000

And selling price = Rs.1900

We have to find the percentage profit or percentage loss

As in this case cost price is more than the selling price

So there will be loss in this case

Loss is given by

Loss = cost price - selling price

= 2000 - 1900 = Rs. 100

So there will be a loss of Rs.100

Now percentage loss will be =\frac{100\times 100}{2000}=5=

2000

100×100

=5 %

So there will be loss percentage of 5 %