To Find the loss percentage on selling a fan when C.P and S.P are given (WP-28: Profit and Loss)

Q. Usman bought a bicycle for Rs. 3000. He spent Rs. 200 on its repairing and sold it for Rs. 3000. Find loss percent. 

Solution: 

Usman purchased bicycle = Rs. 3000

spent as repair = Rs 200,

Hence,

Cost price c.P = Rs. 3000 + Rs. 200 = Rs. 3200,

Sale price S.P = Rs. 3000

As S.P is smaller than C.P, there is a loss and loss percent general formula is

Loss percent = `frac {Rs. 3200 - Rs. 3000}{Rs. 3200}times 100`

Loss percent = `frac {Rs. 200}{Rs. 3200}times 100`

Loss percent = 6.25% -----------Ans.

Similar Question:

Find the profit or loss percentage in the following cases: 

1. CP = Rs. 50,  S.P = Rs. 70

2. CP = Rs. 1540,  S.P = Rs. 1386

3. CP = Rs. 125,  Profit = Rs. 20

4. CP = Rs. 12.5,  Loss = Rs. 2.5

A bag costing Rs. 50 is sold for Rs. 45. Find profit or loss percent.

Farooq bought 100 wedding cards for Rs. 500. He sold them for Rs. 480. Find profit or loss percent.

Hassan sold a fan for Rs. 2500 and had a loss of Rs. 500. Find C.P and loss percent.

Nawaz father bought two plots for Rs. 125000. He sold them for Rs. 150,000. Find profit percent.

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