A person buys a watch for ₹ 500 and sells it for ₹ 300. Find his loss per cent.

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Mathematics

asked Sep 07, 2023 at 09:12

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Answer 1

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Given that CP = ₹ 500 and SP = ₹ 300 Loss = CP - SP = 500 - 300 = ₹ 200 ∴ Loss % = (Loss/CP) x 100% = (200/500) x 100% = 40 %

answered Sep 07, 2023 at 09:12

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Answer 2

Given that CP = ₹ 500 and SP = ₹ 300 Loss = CP - SP = 500 - 300 = ₹ 200 ∴ Loss % = (Loss/CP) x 100% = (200/500) x 100% = 40 %

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