Question

If the man loses Rs200 on
selling an article
for Rs 1200, then the loss percent is​

Answer 1

Answer:

loss%=loss/CPx100

200/1000x100= 20% is your answer.

Answer 2

The loss percentage is 14.29%.

Step-by-step explanation:

The selling price is, SP = Rs. 1200.

The amount of loss is, Loss = Rs. 200.

Compute the cost price as follows:

CP = SP + Loss

     = 1200 + 200

     = 1400

Compute the loss percentage as follows:

$Loss\%=\frac{Loss}{CP}\times 100=\frac{200}{1400}{\times 100=14.29\%$

Thus, the loss percentage is 14.29%.

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