Question

Rajeev bought a camera for Rupes 2950. After using it for sometime, he sold it for Rupes 1500 what was his loss percent

Answer 1

cp=2950
sp=1500
loss=2950-1500
=1450
loss%=1450/2950*100

Answer 2

Original cost=2950
SP=1500
Loss=2950-1500
=1450
Loss%=loss
————
Original cost
=1450. x 100
———
2950
=14500
—————
295
=49.5
=50(approx)