Question

Rekha bought a saree for Rs. 1240 and sold it for Rs. 1147. Find her loss and loss percent.

Answer 1

C.P. of saree = Rs. 1240
and S.P = Rs. 1147
Loss = C.P - S.P = Rs. 1240 - Rs. 1147
$(\therefore C.P>S.P)$
=Rs. 93
$Loss\%=\frac{Loss\times 100}{C.P}=\frac{93\times 100}{1240}\%=\frac{15}{2}\%=7.5\%$