Question

raju purchased a cycle for ₹7200 . after 1 week he soled the cycle for ₹6000. find out profit or loss percentage​

Answer 1

Answer:

Thanks for the question

Cost price=₹7200

Selling price =₹6000

Thus loss= CP - SP

= 7200-6000

=1200

now, loss%=1200×100/7200

= 16.66666667%

Answer 2

GIVEN:-

• raju purchased a cycle for ₹7200 . after 1 week he soled the cycle for ₹6000. find out profit or loss percentage.

TO FIND:-

• The profit or loss.

SOLUTION:-

hey mate! As the Cost price is more than the selling price he is in loss.

So to find Loss the formula is.

• Loss%=100×loss/cost prices

So to find loss we will subtract the Selling price from the cost price.

• =>Rs.7200-6000

• =>Rs.1200

So Loss%

• =>100×1200/7200

• =>1×12/72

• =>12/72

• =>1/6

=>$\huge\bold\red{LOSS \: percentage=6}$%

hope it helped!