Find the loss percentage if pratyush incurred a loss of rupees 310 when he sold cosmetic for rupees 1550.
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Step-by-step explanation:
20 %loss
Loss /cp *100
310/1550*100
=20%loss
Clarity:
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➤ Given :-
Selling price of cosmetic :- ₹ 1550
Loss :- ₹ 310
➤ To Find :-
Loss percentage of the cosmetic
➤ Formula required :-
➤ Solution :-
First, we should find the value of the cost price of the cosmetic by adding the selling price and the loss
Cost price :-
Now,
Loss percentage :-
The loss percentage of the cosmetic is 16.66%.
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Some related formulas :-
Profit :-
Profit percentage :-
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