Question

Raj buys a camera for Rs.11000 and then gets some repairs done for Rs.1000. Since he

was in need of money, he had to sell it for Rs.8400. Calculate his loss/gain percent​

Answer 1

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$\sf \ CP= ₹11000 + ₹1000 \\ = ₹12000 \\ \sf \pink{ Loss = CP- SP }\\ = ₹(12000 - 8400) \\ = ₹3600 \\ \sf \red{Loss\% = \frac{Loss}{CP} \times 100} \\ = \blue{\frac{3600}{12000} \times 100 = 30\%}$

• Hence, His loss percent is 30 %

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Answer 2

Given :-

◕ Cost price of camera = Rs. 11000

◕ Spent in repairs = Rs. 1000

◕ Selling price of camera = Rs. 8400

To Find :-

◕ Gain / Loss Percent

Solution :-

◕ Total Cost price including overhead expenses

  = Rs. 11000 + Rs. 1000 = Rs. 12000

◕ Here ,

 CP > SP , which means loss

◕ Now let's calculate Loss %

$\sf \rightarrow Loss\% = \dfrac{CP-SP}{CP} \times 100\%$

Where ,

SP = Selling Price

CP = Cost Price

$\sf \rightarrow \dfrac{12,000-8,400}{12,000} \times 100\%$

$\sf \rightarrow \dfrac{3600}{120} \%$

$\sf \rightarrow 30\%$

∴ His loss percent is 30 %

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All Done ! :D