Question

I purchased a watch for Rs.300 and sold it at 316. FIND THE LOSS PERCENTAGE

Answer 1

Answer:

SP = CP*[200-loss%/100]

SP = 300*[100-316/100]

SP = 330*80/100

SP = 264

Hope this will help you

Answer 2

Answer:

5.33%

                             

Step-by-step explanation:

percentage loss= (new value-original value)/ original value*100

so loss%= 316-300/300 *100

loss%=16/300*100

         =0.0533*100

ans=5.33%