Question

Q.4. A shirt bought for Rs.250 and sold at Rs. 150. Find its profit percent or loss Percent?​

Answer 1

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Answer 2

Answer :-

Loss % = 40%.

Explanation :-

Given :

• Cost Price of Shirt = ₹250.
• Selling Price of Shirt = ₹150.

To Find :

• Profit % or Loss %.

Solution :

Here, It is a loss.

As, Cost price is more than the selling price.

So, Let's Calculate Loss %.

Formula Used :- Loss/C.P. × 100.

So, First we have to calculate the loss.

Loss = C.P. - S.P.

➞ Loss = ₹250 - ₹150.

➞ Loss = ₹100.

So, Let's Solve.

➞ Loss % = 100/250 × 100.

➞ Loss % = 10/25 × 100.

➞ Loss % = 10 × 4.

➞ Loss % = 40%.

Therefore, Loss % = 40%.