Question

on selling an article for rupees 1027,meena suffered a loss of rupees 273. find her loss percentage

Answer 1

Given SP = 1027

  loss   =  273

Cost price = 1027 + 273 = 1300

loss % = (loss / c p ) x 100

           = (273 / 1300) x 100

           = 21%

Answer 2

Selling Price = Rs 1027

Loss = 273

Find the cost price:

Cost Price = Selling Price + Loss

Cost Price = 1027 + 273 = Rs 1300

Find the loss percentage:

Loss Percentage = loss/cost price x 100

Loss percentage = 273/1300 x 100 = 21%

Answer: She made a loss of 21% selling that article.