Naresh bought a saree for Rs 2000. He was forced to sell it for Rs 1600. What is his loss and loss percent?
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Cost price of the saree = Rs 2000.
Selling price of the saree = Rs 1600.
Therefore loss = C.P. - S.P.
= Rs(2000-1600)= Rs 400.
So loss %= Loss / C.P. ×100.
=(Rs 400 / Rs 2000 ×100)%
= 20%.
HOPE IT HELPS YOU
Selling price of the saree = Rs 1600.
Therefore loss = C.P. - S.P.
= Rs(2000-1600)= Rs 400.
So loss %= Loss / C.P. ×100.
=(Rs 400 / Rs 2000 ×100)%
= 20%.
HOPE IT HELPS YOU
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