Question

Ron purchased a table for $ 1260 and due to some scratches on its top he had to sell it for $ 1197. Find his loss per cent.​

Answer 1

Answer:

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Step-by-step explanation:

CP Rs.1260 and SP = $ 1197.

Since (SP) < (CP), Ron makes a loss.

Loss = $ (1260 - 1197)

= $ 63.

Loss % = [(loss / CP) × 100] %

= [(63 / 1260) × 100] %

= 5%

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Answer 2

cost price =1260

selling price =1197

since cp>sp

loss =cp -sp

=1260-1197

=$63

Now,

loss percent =loss/cp×100

63/1260×1000

0.05×100

5 percent.

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