Find the loss and loss percentage provided that the cost price is Rs. 50 and the selling price is Rs. 45
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Find the loss and loss percentage provided that the cost price is Rs. 50 and the selling price is Rs. 45
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solution :-
Given: Cost Price, C.P = Rs. 50
Selling Price, S. P = Rs. 45
We know that the formula to find loss is
Loss = cost price- selling price
Loss = cost price- selling priceLoss = 50 – 45 = 5
Loss = cost price- selling priceLoss = 50 – 45 = 5Therefore, the loss is Rs. 5
The formula to find loss percentage is
Loss percentage = (Loss × 100) / C.P
Loss % = (5 × 100) / 50
Loss % = (5 × 100) / 50Loss % = 500 / 50
Loss % = (5 × 100) / 50Loss % = 500 / 50Loss % = 10
Loss % = (5 × 100) / 50Loss % = 500 / 50Loss % = 10Therefore, the loss percentage is 10%
Answer:
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