A football was bought for Rs.120 and sold for Rs.105. The loss % is

Cost price of football = Rs. 120
Selling price of football = Rs. 105
Selling price < Cost price, a loss is incurred.
Loss = CP – SP
= Rs. 120 – 105
= Rs. 15
Loss Percentage = {(Loss / CP) × 100}
= {15 / 120) × 100}
= {15 / 12) × 10}
= {150 / 12}
= 12.5%

Was this answer helpful?

 
   

0 (0)

(0)
(0)

Choose An Option That Best Describes Your Problem

Thank you. Your Feedback will Help us Serve you better.

Leave a Comment

Your Mobile number and Email id will not be published. Required fields are marked *

*

*

BOOK

Free Class

Ask
Question