find the loss and loss percent when c. p =Rs. 300 s. p =Rs . 100.
Answers
Question
Find the loss and loss percent when Cost Prize is Rs 300 and Selling Prize is Rs 100.
Asked
- Loss
- Loss Percent
Answers
- Rs 200
- 66.67%
Formula Used
Loss = CP - SP
Loss% = Loss/CP × 100
Solution
Given,
CP = Rs 300
SP = Rs 100
Loss = CP - SP
Loss = Rs ( 300 - 100 )
Loss = Rs 200
【 Loss = 200 】
Loss % = Loss/CP × 100
Loss % = 200/300 × 100
Loss % = 66.67%
【 Loss % = 66.67% 】
Answer Completed
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Given :
- Cost price (C.P) = ₹ 300
- Selling price (S.P) = ₹ 100
To find :
- Loss
- Loss percent
Solution :
Here the S.P is less than the C.P so it is clear that it is a loss. We can find the loss by subtracting S.P from C.P and then we can proceed with the loss percent.
★ Loss:-
- C.P - S.P
→ 300 - 100
→ ₹ 200
★ Loss percent:-
- (Loss/C.P) × 100
→ 200/300 × 100
→ 200/3
→ 66(2/3) %
Answer :
- The loss = ₹ 200
- The loss percent = 66(2/3)%