Question

Dia bought rice bag rupees 500 per bag.Due to spoilage she had to sold them for rupees 450 per bag .find the gain or loss %​

Answer 1

Answer:

100 / 9

Step-by-step explanation:

We can see it is loss. So, we will use loss formula:

%L= {(Cost Price - Selling Price) / (Cost Price)} * 100

SOLUTION:

%L= {(500 - 450) / (450)} * 100

=1 / 9 * 100

=100 / 9

HOPE IT HELPS.

Answer 2

Given - Cost price = Rs. 500.

Selling price = Rs. 450

Find - Profit or loss percentage

Solution - Since the selling price is smaller than cost price, Dia suffered loss.

Now, calculating the value of loss by the formula = Cost price - Selling price

Keeping the values in the formula to find value of loss.

Loss = 500 - 450

Loss = Rs. 50

Calculating loss percentage by the formula = Loss/ Cost price *100

Keeping the values in formula to find the value of loss percentage.

Loss Percentage = 50/500*100

Loss percentage = 10%

Hence, loss percentage of Dia is 10%.