Question

If the selling price of a washing Machine is 28,000 and the cost price is 58,000. What is the loss?

Answer 1

Selling Price = 28000 Rs.

Cost Price = 58000 Rs.

Loss = CP-SP = 58000-28000 = 30000 Rs.

Loss% = Loss/C.P*100 = 30000/58000*100 = 51.72%

Answer 2

Loss = 30000

Loss % = 51.73%