To Find the C.P and loss percentage on selling an item when the Loss and S.P are known (WP-16: Profit and Loss)

Q. There was a loss of Rs. 150 when an item was sold for Rs. 2350. Find C.P and loss percent. 

Solution: 

Loss = Rs. 150

Sale price S.P = Rs. 2350

We know that 

Loss = C.P - S.P

so

C.P = Loss + S.p = Rs. 150 + Rs. 2350 

C.P = Rs. 2500 --------------Ans. 1

Loss percent general formula is

Loss percent = `frac {Rs. 150}{Rs. 2500}times 100` 

Loss percent = 6% -----------Ans.2

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Shortcut links for:

1. Real Life Word Problems on Financial Mathematics, Property Tax, General Sale Tax (GST), Zakat, Ushr, Profit and Loss, Markup, Percentage, Proportion.

2. 5th class Notes: English, Social Study (S.St.), General Science (G.Sc.), Urdu (اُردو), Islamiat (اسلامیات), Mathematics

3. 6th class Notes: Mathematics (National Book Foundation):

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3. Website for Single National Curriculum Pakistan - All Subjects Notes 

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