Hema buys a music system for Rs.8000 and sells it for Rs.6,500. Find the loss percentage.
Answers
Answer:
18.75
Step-by-step explanation:
Hey man, hoping you are having a nice day.
This question is the basic of profit and loss.
CP = 8000
CP = 8000SP = 6500
CP = 8000SP = 6500CP > SP = Loss
CP = 8000SP = 6500CP > SP = LossLoss = 8000-6500 = 1500
CP = 8000SP = 6500CP > SP = LossLoss = 8000-6500 = 1500Loss% = (Loss/Cp)*100
CP = 8000SP = 6500CP > SP = LossLoss = 8000-6500 = 1500Loss% = (Loss/Cp)*100= (1500/8000)*100
CP = 8000SP = 6500CP > SP = LossLoss = 8000-6500 = 1500Loss% = (Loss/Cp)*100= (1500/8000)*100=3/16*100==18.75
Answer:
23.07%
Step-by-step explanation:
Given = The cost price of music system = Rs. 8000
The selling price of music system = Rs. 6,500
To Find = The loss percentage
Solution -
The loss in rupees = Cost price - Selling price
The loss in rupees = 8000 - 6,500
The loss in rupees = 1,500
Now, the loss percentage = (Loss incurred / Cost price) x 100
Refer to the attachment.
300/13 = 23.07
Therefore, the loss percentage = 23.07%
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