Find the selling price and the loss percentage
Cost price = 45000
Loss = 10000
Answers
Step-by-step explanation:
Cost price =45000
loss=10000
selling price = Cp - l
=45000-10000
=44000
loss percentage = loss/cp×100
= 10000/45000×100
= 450
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Given information,
cost price= Rs. 45000
Loss = Rs. 10000
To find-
The value of selling price and loss percentage.
Solution -
As loss is given loss occurred.
As we know that,
Loss =
Where,
CP = cost price
SP = selling price
So by putting the given values in the formula
Selling price is Rs. 35000
we know that,
Loss percentage =
Loss percentage =
By dividing the 45000 by 100 we get
Loss percentage =
By dividing the 10000 and 450 by 10 we get
Loss percentage =
By dividing 1000 by 45 we get
Loss percentage =
Hence,
Selling price is Rs. 35000 .
Loss percentage is 22.22 % .