Question

Ravi bought a cycle for Rs.1200 abd after 6 months for Rs.1050,then find loss percent

Answer 1

Cost price of bicycle= Rs. 1200

Selling price of bicycle = Rs. 1050

Loss% = (Cost price - selling price)/100= 150/100=1.5 %

Answer 2

original price- selling price # 1200-1050 =150
loss % = 150 ÷ total cost * 100
150÷1200×100 = 12.5%
loss of 12.5 %