Question

If the SP of an article is Rs 460 and loss is Rs 40, find the loss percentage
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Answer 1

Answer:

Here is your answer !!!

Answer 2

Given :-

Selling price (S.P) = Rs 460

Loss ( L ) = Rs 40

To find :-

Loss percentage (L%) = ?

Solution :-

For finding loss% we need C.P.

So, firstly we have to find C.P :-

C.P = S.P + Loss

C.P = Rs 460 + Rs 40

C.P = Rs 500

Formula to find loss% :-

$Loss% = \dfrac{Loss \times 100}{C.P}$

$= \dfrac{40 \times 100}{500}$

= 8%

Loss% = 8%

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Know more :-

Some Formulas :-

▪

$sp \: = \dfrac{cp(100 - l\%)}{100}$

This formula is used to find selling price when cost price and loss percent is given.

▪

$cp = \dfrac{(sp \times 100)}{100 + profit\%}$

This formula is used to find cost price when selling price and profit percent is given.

▪

$cp = \dfrac{(sp \times 100)}{100 - loss\%})$

This formula is used to find cost price when loss percent and selling price is given.

▪ Gain (Profit) = SP - CP

▪ Loss = CP- SP

$gain\% = \dfrac{gain \times 100}{cp}$