Question

Jenny incurred a loss of 16 % on selling a product that she purchased at ` 32,500. Find the amount of loss incurred

Answer 1

Answer:

The amount of loss incurred is Rs. 5200.

Step-by-step explanation:

Given that Jenny purchased a product at the rate of Rs. 32500. She incurred a loss of 16% on selling the product.

So we need to find what is 16% of 32500. It is calculated as,

$\implies \dfrac{16}{100}\times 32500 = 5200$

So Jenny loss is Rs.5200

Answer 2

Answer:

Loss = ₹5200

Step-by-step explanation:

Given :-

Loss % = 16%

SP = ₹32500

To Find :-

Loss

Solution :-

We know that

Loss% = Loss/CP × 100

Loss = CP - SP

Let,

SP = x

Loss = 32500 - x

16 = (32500 - x)/32500 × 100

16 = (32500 - x)/325

16 × 325 = 32500 - x

5200 = 32500 - x

x = 32500 - 5200

x = ₹27,300

Now

Loss = CP - SP

Loss = 32500 - 27300

Loss = 5200