Find the loss percentage of the following
CP - ₹12000 ; SP - ₹4000
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➤ Given :-
Cost price :- ₹ 12000
Selling price :- ₹ 4000
➤ To Find :-
Loss percentage of the given sum..............
➤ Formula required :-
➤ Solution :-
First, we should find out the loss in the following sum........
Loss :-
Now,
Loss percentage :-
The loss percentage of the given sum is 66.6 .
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Some related formulas :-
Profit :-
Profit percentage :-
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More to know..................
- Profit and loss is obtained for every shopkeepers. The profit is more amount than cost price. The loss is the less amount than cost price.
- Cost price is the amount of receiving from one person to other. Selling price is the amount of giving from shopkeepers to customers.
- Profit and loss can also be written in percentage form with using some formulas.
- Profit can be converted to percentage by dividing profit and cost price and then multiplied by 100.
- Loss can be converted to percentage by dividing loss and cost price snd then multiplied by 100.
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