Question

The selling price of an item inclusive of a 10 % profit was ₹ 400. what would be the percentage loss if the item was sold for ₹ 370.
Answer Urgently

Answer 1

⚡Hey mate⚡

✨Here is your answer✨


In the pic selling price with 10 % profit = 440


It means that 440 is equal to 110%


Because cost price is 100 % + 10 % profit

110% = 440

If 110% = 440

Then 1% is


1% = 440 ÷ 110

1% = 4

If 1% equal to 4 then 100 % is

100 % = 4 × 100

100 % = 400

It means that cost price is 400 rupees


Now we have to sold the item in 370 rupees

It means that we have loss on it

Loss = cost price - sell price

Loss = 400 - 370

Loss = 30

We have to calculate loss present

Loss % = loss ÷ cost price × 100

Loss % = 30 ÷ 400 × 100

Loss % = 7.5


I hope it's helpful for you. Thank you ❤️❤️