Question

Find the loss percentage if cp is 400 rs and sp is 380rs

Answer 1

5% is the correct answer

Answer 2

5%

Solution,

Cost price(CP)=Rs 400

Selling price (SP)=RS 380

loss percentage=?

Now,

Loss percentage=CP-SP/CP*100%

=400-380/400*100%

=20/400*100%

=5%

Hope it helps..

Good luck on your assignment