Question

ramu bought a scooter for ₹ 60000 and sold it for ₹56000 .find the loss percent

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Answer 1

Answer:

cp of scooter = 60000

sp of scpoter = 56000

loss = 4000

loss % = 4000/60000×100

100/60

10/6 = 5/3%

Answer 2

Given:

A scooter with

• Cost Prince = Rs. 60000
• Selling Price = Rs. 56000

What To Find:

We have to find,

• The loss percent.

Formula Needed:

$\bf Loss \: \% = \dfrac{CP - SP}{CP} \times 100$

Where,

• CP = Cost Price
• SP = Selling Price

Solution:

Using the formula,

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

Substitute the values,

$\sf \longrightarrow Loss \: \% = \dfrac{60000 - 56000}{60000} \times 100$

Subtract the values in the numerator,

$\sf \longrightarrow Loss \: \% = \dfrac{4000}{60000} \times 100$

Cancel the zeros,

$\sf \longrightarrow Loss \: \% = \dfrac{40}{6}$

Divide 40 by 6,

$\sf \longrightarrow Loss \: \% = \dfrac{20}{3} \: \%$

Final Answer:

∴ Thus, the loss % is 20/3 %.