Question

If a chair is bought for Rs 300 and sold for Rs 285, the loss per cent is _________.​

Answer 1

Step-by-step explanation:

try it with the formula of (Cp*100/100) * sp

Answer 2

Answer:

Cost price C.P.=RS.280

Selling price S.P.=Rs.350

We need to find the profit percent.

Profit percent =

$\huge \frac{profit \times 100}{C.P. \:}$

Profit =S.P−C.P

=350−280

Profit =Rs.70

Therefore loss percent =

$\huge \frac{70 \times 100}{280} = 25\%$

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