Question

deepak bought a table for ₹ 5000 and sold it for ₹ 4700. find the loss % .

Answer 1

loss = 5000-4700

= 300

% loss = 300 x 100/5000

= 6%

Answer 2

hey there...

here is the answer...

the formula for loss% is

$\frac{loss}{cost \: price} \times 100$
loss is

cost price - selling price.

cost price is 5000
selling price is 4700

so loss would be

5000-4700
which is 300

so % would be

$\frac{300}{5000} \times 100$

which is
$\frac{30}{5}$

so loss% would be 6%

hope this helps!