Question

Formula for finding loss percent

Answer 1

$( loss \div c.p ) \times 100$

Answer 2

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Formula for finding the Loss Percentage.

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$\: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \frac{loss \times 100}{C.P}$

• In Maths, Loss percentage formula is the formula to calculate the percentage loss happened in any business.

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✍️Some terminologies to relate :-

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→ Cost price (C.P) -

⠀⠀⠀The amount paid for the product.

→ Selling price (S.P) -

⠀⠀⠀The amount at which the product is being sold.

→ Profit -

⠀⠀⠀The amount gained after selling the product more than its cost price.

→ Loss -

⠀⠀⠀When the product is sold and the selling price is less than the cost price, then it is said, the seller has incurred a loss.

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