Question

Rashmi bought a saree for ₹1050. A few days later, she sold it off to a friend incurring a loss of ₹150. What was her loss percentage
From chapter comparing quantities
step by step answer
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Answer 1

Answer:

14.28%

Step-by-step explanation:

C.P = 1050

loss = 150

Method 1 - Formula

loss % = (loss/C.P) * 100 = (150/1050) * 100 = 100/7 = 14.28%

Method 1 - Direct proportion

On 1050 rupees --> loss is 150

On 1 rupee          --> loss is 150 / 1050 = 1/7

On 100 rupee      --> loss is (1 / 7) * 100 = 14.28%