Question

CP of a table is ₹1020 and SP is ₹850 . Find the loss percentage​

Answer 1

Answer:

CP of table is Rs.1020

SP is Rs850

loss = 1020- 850 = Rs170

loss percentage = loss ×100%/ CP

= 170×100/ 1020

= 16.67 %

Answer 2

• Loss% of the table is 16.6%

Given:

The Cost Prize (C.P) of a table is ₹ 1020

And the Selling Prize (S.P) of the table is ₹ 850

To find:

The loss% of the table

We get that,

There is a loss, as the Selling Prize is less than Cost Prize

i.e. If S.P < C.P = Loss

Now,

Loss = Cost Prize - Selling Prize

Loss = 1020 - 850

Loss = ₹170

• The formula used to find the Loss%

Loss% = (loss)/C.P * 100

Loss% = (170)/1020 * 100

Loss% = 16.6%

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More Information

• If S.P > C.P then there is profit.
• We can get Profit = S.P - C.P.
• Profit% = (Profit)/C.P * 100
• Also, Profit = (profit% * C.P)/100
• Also, Loss = (loss% * C.P)/100