Find loss and loss percentage
cost price= 5250
selling price= 5145
find the loss
find loss percentage
Answers
Answered by
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➤ Given :-
Cost price :- ₹ 5250
Selling price :- ₹ 5145
➤ To Find :-
Loss and loss percentage of the given sum...........
➤ Formulas required :-
Loss :-
Loss percentage :-
➤ Solution :-
Loss :-
Now,
Loss percentage :-
The loss is ₹ 105 and loss percentage is 2 .
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Some related formulas :-
Profit :-
Profit percentage :-
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More to know..................
- Profit and loss is obtained for shopkeepers in their shops. The profit is obtained when selling price is greater than cost price. The loss is obtained when cost price is greater than selling price.
- Profit and loss can also be converted to percentage from by some formulas in mathamatics.
- To convert profit to percentage from, we should divide profit and cost price and then multiply by 100.
- To convert loss to percentage from, we should divide loss and cost price and then multiply by 100.
Answered by
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Given information,
cost price= Rs. 5250
selling price= Rs. 5145
To find-
The value of loss and loss percentage.
Solution -
As we know that,
Loss =
Where,
CP = cost price
SP = selling price
So by putting the given values in the formula
Loss =
Loss
Loss is Rs. 105
we know that,
Loss percentage =
Loss percentage =
Loss percentage =
Multiply the 105 by 10 we get
Loss percentage =
By dividing 1050 by 525 we get
Loss percentage =
Hence,
Loss is Rs. 105 .
Loss percentage is 2% .
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