Question

Rajveer bought a camera for 2950 rupees. after using it for sometime , he sold it for 1500 rupees. What was his loss percent

Answer 1

Answer:

49.15%

Step-by-step explanation:

loss = 2950 - 1500 = Rs 1450

loss% = 1450×100/2950

= 49.15%

Answer 2

✬ Loss percent = 49.15 % ✬

Step-by-step explanation:

Given:

• Rajveer bought camera at Rs 2950.
• Selling Price of camera is Rs 1500.

To Find:

• What was his loss percent ?

Solution: As we know that if S.P > C.P then there is a loss.

★ Loss = ( Cost Price – Selling Price ) ★

$\implies{\rm }$ Loss = Rs ( 2950 – 1500 )

$\implies{\rm }$ Loss = Rs 1450.

Now, the loss percent

★ Loss % = ( Loss/C.P x 100 ) ★

$\implies{\rm }$ Loss % = ( 1450/2950 x 100 )

$\implies{\rm }$ Loss % = 145000/2950

$\implies{\rm }$ Loss % = 49.15

Hence, Rajveer suffers 49.15 % of loss.

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★ Other Formulae ★

➸ Profit = S.P – C.P

➸ Profit % = ( Profit/C.P x 100 )

➸ Discount = Marked Price – Selling Price