Question

Shalini buys a dress for Rs 1 500 and sells it at Rs I 200. Find the (1) loss and (ii) loss per cent.


please explain​

Answer 1

Given:

cost price =Rs. 1500

Selling price=Rs.1200

To find:

1) Loss

2) Loss percentage

Solution:

1) Loss= Cost price- Selling price

= 1500-1200

=Rs.300

2) Loss percentage= (loss/ cost price)*100

= (300/1500)*100

=20%