The selling price and cost price of a cup are rs 19 and rs 20 respectively the loss percentage is
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Answer:
Given,
Selling Price (S.P) of a cup = ₹19
Cost Price (C.P) of a cup = ₹20
Therefore,
Loss = C.P - S.P
= 20 - 19
= 1
By formula,
Loss℅ = (Loss/C.P × 100) ℅
= ( 1/20 ×100) ℅
= 100/20 ℅
= 5℅
Answer :- The loss percentage is 5℅
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