Question

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

Answer 1

C.P of cycle =1200
S.P of cycle =1050
loss!= C.P-S.P
1200-1050
150
loss%=loss*100/C.P
=150*100/1200
=12.5%

Answer 2

loss is equal to 12.5%