An ox coasting $₹ 1250$ is sold for $₹ 1000 .$ Find the loss per cent.

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Solution

Given that
$C P o f o x = ₹ 1250 S P o f o x = ₹ 1000 L o s s = C P - S P = 1250 - 1000 = ₹ 250 L o s s % = \frac{l o s s}{C P} \times 100 = \frac{250}{1250} \times 100 = 20 %$
Hence loss percent is $20 %$

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