Question

if cp=₹500 and sp=₹475,find loss percentage​

Answer 1

5%

Step-by-step explanation:

CP=Rs500

SP=Rs475

Now,

Loss=CP-SP

=Rs500-Rs475

=Rs25

Again,

Loss%=Loss amount/Cp*100%

=25/500*100%

=5%

Answer 2

Given: $CP=500Rs. \ and\ SP=475Rs.$

We have to find the loss percentage.

As we know that the formula is used to calculate the loss percent is: $Loss\% =\frac{\text { Loss }}{\text { CostPrice }} \times 100$

We are solving in the following way:

We have,

$CP=500Rs. \ and\ SP=475Rs.$

Here cost price is more than the selling price.

So the loss will be:

$\begin{array}{l}\text { Loss = CP-SP } \\\Rightarrow 500-475 \\\Rightarrow 25\end{array}$

Hence,

$Loss=25Rs$

Now,

$\begin{array}{l}\text { Loss\% }=\frac{\text { Loss }}{\text { CostPrice }} \times 100 \\\\\text { Loss } \%=\frac{25}{500} \times 100 \\\\\text { Loss } \%=5\%\end{array}$

Hence, we get the Loss$\%=5\%.$