if a man buys an artical for $120 and sells it for $ 100 , then his loss percentage is
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Answer:
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There will be loss percent of 16.5%.
Given that, C.P. of an article =Rs.120
and S.P. =Rs.100
We know that, Loss = C.P.-S.P.
∴ Loss=Rs.120−Rs.100=Rs.20
Also, loss%=
C.P.
Loss
×100
∴ Loss%=
120
20×100
⇒
3
50
%
⇒16
3
2
%
Hence, the required loss percentage is 16
3
2
%.
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Answered by
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Answer:
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Step-by-step explanation:
c. p of the artical = 120 $
s. p =100 $
loss = c. p - s. p
= 120 - 100
= 20
loss percent = loss \ c. p ×100
= 20 \ 120 × 100
= 16.66 %
hope it will help you
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