Question

Rashid bought a shirt for Rs 350 and sold it Rs 300. How much loss did he get?

Answer 1

300-350 =-50

he loss -50

Answer 2

Answer:

Loss = Rs 50

Explanation:

Cost price of the shirt (cp)=Rs350

Selling price (s.p) = Rs 300

C.P > S.P

Therefore,

Rashid get loss.

Loss (l) = C.P - s.p

= Rs 350 - Rs 300

= Rs 50

Loss percentage = (l×100)/c.p

= (50×100)/350

= 100/7 %

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