Question

Mohan purchased carpet into 7250 and sold in 6090 find loss percentage

Answer 1

$\large\underline\bold{Correct\:Question:}$

Mohan purchased the carpet in ₹ 7250 and sold it in ₹ 6090. Find the loss percentage.

$\large\underline\bold{Answer:}$

$<b>Since,<b>$
Mohan purchased the carpet in ₹ 7250

The CP of carpet = ₹ 7250

Similarly,

Mohan sold the carpet in ₹ 6090

SP of the carpet = ₹ 6090

Here,

SP < CP so a loss is suffered by Mohan.

Loss suffered = CP - SP = 7250 - 6090 = ₹ 1160

As loss is suffered on CP so,

Loss % = (Loss/CP)*100 = (1160/7250)*100 = (116/725)*100 = 11600/725 = 16 %

Thank You!