Question

Question 5 - If the cost price of the book of Yoga and Meditation is Rs.500 and it is sold for Rs.490, then what is the percentage loss?​

Answer 1

Answer:

2%

Step-by-step explanation:

Loss = cost price - selling price

Loss percent is always calculated on cost price

So, loss% = loss/cost price × 100

so...

cost of book is 500rs

Selling price is 490rs

hence, the loss =10rs (as 500-490)

loss%=x

so, 10/500×100

= 2% ..

hope it helps (^^)

Answer 2

Answer:

2 percent

step-by-step explanation:

$c.p \: of \: the \: book \: = \: rs \: 500 \\ s.p \: of \: the \: book \: = \: rs \: 490 \\ loss \: = \: 500 - 490 = rs \: 10 \: \\ loss\% = \: \frac{loss}{c.p} \times 100 \\ = \frac{10}{500} \times 100 \: = \frac{10}{5} \\ = 2\%$

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