Question

The cost of an article is ₹2000 and sells it for a loss of 10% then what is the loss amount​

Answer 1

Step-by-step explanation:

10/100 × 2000= 200

Thus, SP= 1800 Rs.

Loss amount= 200Rs

Answer 2

➤ Given :-

Cost price of an article :- ₹2000

Loss percentage :- 10%

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➤ To Find :-

Loss amount of the article

$\:$

★ How to do :-

Here, we are given that the article is bought for ₹2000 and sold for loss percentage of 10%. We should find the value of the loss in numerical form. To find that, we should find 10% of 2000 rupees. We can obtain the answer which is the loss amount.

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➤ Solution :-

Loss amount :-

${\tt \leadsto 10 \bf\% \tt \: \: of \: \: 2000}$

${\tt \leadsto \dfrac{10}{100} \times 2000}$

${\tt \leadsto \cancel \dfrac{10}{100} \times 2000 = \dfrac{1}{10} \times 2000}$

${\tt \leadsto \dfrac{1 \times 2000}{10} = \dfrac{2000}{10}}$

${\tt \leadsto \cancel \dfrac{2000}{10} = \boxed{ \tt Rs \: \: 200}}$

$\:$

$\Huge\therefore$ The loss amount of the article is ₹200.

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$\dashrightarrow$ Some related formulas :-

Profit :- ${\boxed{\tt SP-CP}}$

Loss :- ${\boxed{\tt CP-SP}}$

Profit percentage :- ${\boxed{\tt\dfrac{Profit}{CP} \times 100 }}$

Loss percentage :- ${\boxed{\tt\dfrac{Loss}{CP} \times 100}}$

Cost price :- ${\boxed{\tt\dfrac{100}{(100 + Profit \bf\%)} \times SP}}$

Selling price :- ${\boxed{\tt\dfrac{(100 + Profit \bf\%)}{100} \times CP}}$

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More to know :-

• Profit is obtained when the selling price is greater than the cost price.
• Loss is obtained when the cost price is greater than the selling price.
• Cost price is the amount at which an item is bought.
• Selling price is the amount at which an item is sold.