Question

If the cost price of a product is Rs 50 and the selling price is Rs 45, what is the loss percent? loss % = % (Write the answer in decimal form and up to 2 decimal places.)

Answer 1

Answer:

soln,

given,

SP= Rs.45

CP= Rs.50

Now, to find loss,

loss= CP-SP

= 50-45

= Rs.5

Again,

loss%= loss/CP × 100

= 5/50 × 100

= 10%

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