Question

what is the formula of Loss % =
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Answer 1

Answer:

Formula: Loss = Cost price (C.P.) – Selling Price (S.P.) Profit or Loss is always calculated on the cost price. Marked price: This is the price marked as the selling price on an article, also known as the listed price. Discount or Rebate: This is the reduction in price offered on the marked or listed price.

Answer 2

Answer:

Loss % = (loss/ CP × 100) %.

Formula for Loss Percentage

If the cost price is more than the selling price of a product in a business, it is called a loss, whereas if the cost price is less than the selling price then profit is gained.

Since, Loss = C.P. – S.P. (CP > SP)

The formula for loss percentage is given by;

Loss percentage = (Loss × 100) / C.P