Question

in a garment shop, a saree is sold at a cost of ₹1800 after a profit of ₹600.find the cost price and loss percentage?​

Answer 1

Answer:

The cost price is 1200

Step-by-step explanation:

1800-600=1200

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Answer 2

Answer:

The cost price of the saree is ₹1200 and the loss percentage is 50%.

Step-by-step explanation:

Let's assume the cost price of the saree is x.

According to the question, the profit earned is ₹600 and the selling price is ₹1800.

So, the selling price = cost price + profit

or, 1800 = x + 600

or, x = 1200

Therefore, the cost price of the saree is ₹1200.

Now, to calculate the loss percentage, we can use the formula:

Loss percentage = (Loss / Cost Price) × 100

Since the selling price is greater than the cost price, the shopkeeper made a loss of (selling price - cost price) = 1800 - 1200 = ₹600.

So, the loss percentage = (600 / 1200) × 100 = 50%.

Therefore, the cost price of the saree is ₹1200 and the loss percentage is 50%.

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