Question

If selling price is Rs 480,loss is Rs 120 Find the loss percent and cost price​

Answer 1

Answer:

480-120=360 this is loss

Answer 2

Answer:

Step-by-step explanation:

There is a simpler method of solving it

since profit made is 20%

480 is 120% of cost price

let cp be x

then by simple way through which we calculate %age

(480/x)X100= 120%

48000/x=120%

x=48000/120

The answer is 400

Which is cost price of the product

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