Question

find the lose percentage .
Cp= 560 ,SP = 500

please give step by step explanation​

Answer 1

Answer:

The loss incurred is of 10.71%.

Step-by-step explanation:

Given :

Cost price = 560

Selling price = 500

To find :

The loss %

Solution :

Loss -

⇒ CP - SP

⇒ 560 - 500

⇒ 60

Loss = Rs. 60

Loss % -

⇒ Loss/CP × 100

⇒ 60/560 × 100

⇒ 6000/560

⇒ 10.71 % (Approx)

Therefore, the loss incurred is of 10.71%.

Answer 2

Answer:

Given:

⇏ $\sf CP = 560$

⇏ $\sf SP = 500$

Find:

⇏ $\sf Find \: the \: loss \: percent.$

Know terms:

⇏ $\sf CP = Cost \: price.$

⇏ $\sf SP = Selling \: price.$

Using formula:

⇏ $\sf CP - SP$

Finding the lost amount:

⇏ $\sf 560 - 500 = 60$

⇏ $\sf 60$

Therefore, 60 rupees is the loss.

Using formula:

⇏ $\sf \dfrac{Lost \: amount}{CP} \times 100$

Finding the loss percentage:

⇏ $\sf \dfrac{60}{560} \times 100$

⇏ $\sf \dfrac{6000}{560}$

⇏ $\sf 10.71 \%$

Therefore, 10.71% is the loss percentage.