Question

find the loss percentage SP = ₹437 Loss = ₹ 23​

Answer 1

for CP

Loss=CP-SP

23=CP-437

23+437=CP

CP=460

Loss%=(loss+100/CP)

LOSS%=(23+100/460)

loss%=123/460

loss%=0.267..

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Answer 2

Given information,

Loss = ₹ 23

SP = ₹ 437

To find-

The value of loss and loss percentage.

Solution -

As we know that,

Loss = $cp - sp$

Where,

CP = cost price

SP = selling price

So by putting the given values in the formula

23 = $cp- 437$

$-cp= -437-23$

$-cp= -460$

CP is ₹ 460.

we know that,

Loss percentage = $\frac{loss}{cp} \times 100$

Loss percentage =$\frac{23}{460} \times 100$

Loss percentage = $\frac{23}{46} \times 10$

Multiply the 23 by 10 we get

Loss percentage = $\frac{230}{46}$

By dividing 230 by 46 we get

Loss percentage = $5$

Hence,

Loss percentage is 5% .