Question

Kiran purchased a bicycle for Rs. 1,150. After using it for a year, he sold it for Rs.920, What was his

percentage loss?​

Answer 1

Loss of ₹230
Loss % = 230/1150 x 100
= 20 %

Answer 2

Answer:

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Step-by-step explanation:

loss %=  (cp-sp)/cp*100

loss%=(1150-920)/1150*100

loss%=230/1150*100

loss%=0.2*100

therefore, loss percentage=20%