Question

If a radio is purchased for rs. 490 and sold for rs. 465.50. Find the loss percentage

Answer 1

Answer:

loss=5%

Step-by-step explanation:

radio is purchased for rs.490

and sold for rs. 465.50

loss=rs. (490-465.50)

=24.50

let, 24.50=x%of 490

ATQ

x%of 490=24.50

x/100×490=2450/100

x=[2450/100×100/490]% [490/100 is transferred so it is reciprocled]

x=5%

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