Question

person buys a mobile for Rs. 7500 and sell for 6000. What is the loss%?

Answer 1

Loss is equal to 1500

And therefore

1500÷6000×100

Answer is 25%

Answer 2

Given:

Cost price = 7500 rupees

Selling price = 6000 rupees

To find:

The loss percentage

Solution:

Loss amount = Cost price - selling price

7500 - 6000

Loss amount = 1500 rupees

1500 = loss / 100 * 7500

Loss = 1500 / 75

Hence, Loss = 20 %