Question

Trisha bought a wristwatch for Rs 600 and sold it for Rs 576 to her friend Tulika.
What is the loss percent?

Answer 1

Answer:

cp =Rs600

sp=Rs576

loss=cp-sp

=600-576

=24

loss%=loss/cp*100

=24/600*100

600 and 100 is cutted by each other and left 24/6

after that 6 cuts 24 by 4 and it remain left 4/1

so loss % is 4%

Answer 2

Given,

Trisha bought a wrist watch $= 600$ rupees

Selling the watch to her friend Tulika $= 576$ rupees

Here, we have to find the loss percent

Formula,

Loss % $= \frac{cost price - selling price}{cost price}\times100$

Here,

Cost price $= 600$, selling price $= 576$

Now substitute the values in the above formula,

Loss% $= \frac{600-576}{600}\times100$

$= \frac{24}{6}$

$=4$%

Therefore, the loss percent is $4$%.