
Anu bought a sofa set for Rs.12,840. She sold it for Rs. 10,950. Find the lost percent.
Answer
474k+ views
Hint: Use the given data, the cost price of the sofa, and the selling price of the sofa to find the lost using the formula:
${\text{Lose}} = {\text{Cost price}} - {\text{Selling price}}$
Then use the formula given below to find the lost percent in the selling of the sofa.
\[{\text{Cost percent}} = \dfrac{{{\text{Loss}}}}{{{\text{Cost price}}}} \times 100\]
Complete step-by-step answer:
It is given that Anu bought a sofa set for Rs.12,840 and sold it for Rs. 10,950.
We have to find the lost percent of the selling of the sofa.
First, find the loss on the selling of the sofa. The cost price of the sofa is Rs.12,840 and the selling price of the sofa is Rs. 10,950.
We know that the formula of loss is given as:
Loss\[ = {\text{ Cost price}} - {\text{Selling price}}\]
Now we substitute 12840 for Cost price and 10,950 for selling price into the equation.
Loss\[{\text{ = }}12,840 - 10,950\]
Loss\[ = 1890\]
So, there is a loss of Rs. 1890 in the selling of sofa.
Now we find the loss percent using the formula:
Loss percent $ = \dfrac{{{\text{Loss}}}}{{{\text{Cost price}}}} \times 100$
We substitute 1890 for loss and 12840 for Cost price into the equation.
Loss percent $ = \dfrac{{1890}}{{12840}} \times 100$
Simplify the equation for getting the value of loss percent.
Loss percent $ = 14.72$
Hence, there is a loss of $14.72\% $ in the selling of the sofa.
Note: There is an alternate method of finding the loss percent using the formula of loss percent given below:
Loss percent$ = \left( {\dfrac{{{\text{Cost price}} - {\text{Selling price}}}}{{{\text{Cost price}}}}} \right) \times 100$
It is given that Anu bought Sofa for Rs.12840 and sold it for Rs. 10,950 so substitute 12840 for Cost price and 10,950 for selling price into the equation.
Loss percent$ = \left( {\dfrac{{12840 - {\text{10950}}}}{{12840}}} \right) \times 100$
Simplify the equation:
Loss percent$ = \left( {\dfrac{{1890}}{{12840}}} \right) \times 100$
Loss percent$ = 14.72$
Hence, there is a loss of $14.72\% $in the selling of sofa.
${\text{Lose}} = {\text{Cost price}} - {\text{Selling price}}$
Then use the formula given below to find the lost percent in the selling of the sofa.
\[{\text{Cost percent}} = \dfrac{{{\text{Loss}}}}{{{\text{Cost price}}}} \times 100\]
Complete step-by-step answer:
It is given that Anu bought a sofa set for Rs.12,840 and sold it for Rs. 10,950.
We have to find the lost percent of the selling of the sofa.
First, find the loss on the selling of the sofa. The cost price of the sofa is Rs.12,840 and the selling price of the sofa is Rs. 10,950.
We know that the formula of loss is given as:
Loss\[ = {\text{ Cost price}} - {\text{Selling price}}\]
Now we substitute 12840 for Cost price and 10,950 for selling price into the equation.
Loss\[{\text{ = }}12,840 - 10,950\]
Loss\[ = 1890\]
So, there is a loss of Rs. 1890 in the selling of sofa.
Now we find the loss percent using the formula:
Loss percent $ = \dfrac{{{\text{Loss}}}}{{{\text{Cost price}}}} \times 100$
We substitute 1890 for loss and 12840 for Cost price into the equation.
Loss percent $ = \dfrac{{1890}}{{12840}} \times 100$
Simplify the equation for getting the value of loss percent.
Loss percent $ = 14.72$
Hence, there is a loss of $14.72\% $ in the selling of the sofa.
Note: There is an alternate method of finding the loss percent using the formula of loss percent given below:
Loss percent$ = \left( {\dfrac{{{\text{Cost price}} - {\text{Selling price}}}}{{{\text{Cost price}}}}} \right) \times 100$
It is given that Anu bought Sofa for Rs.12840 and sold it for Rs. 10,950 so substitute 12840 for Cost price and 10,950 for selling price into the equation.
Loss percent$ = \left( {\dfrac{{12840 - {\text{10950}}}}{{12840}}} \right) \times 100$
Simplify the equation:
Loss percent$ = \left( {\dfrac{{1890}}{{12840}}} \right) \times 100$
Loss percent$ = 14.72$
Hence, there is a loss of $14.72\% $in the selling of sofa.
Recently Updated Pages
Express the following as a fraction and simplify a class 7 maths CBSE

The length and width of a rectangle are in ratio of class 7 maths CBSE

The ratio of the income to the expenditure of a family class 7 maths CBSE

How do you write 025 million in scientific notatio class 7 maths CBSE

How do you convert 295 meters per second to kilometers class 7 maths CBSE

Write the following in Roman numerals 25819 class 7 maths CBSE

Trending doubts
Full Form of IASDMIPSIFSIRSPOLICE class 7 social science CBSE

The Island of Bombay was given to the English Prince class 7 social science CBSE

Convert 200 Million dollars in rupees class 7 maths CBSE

Fill in the blanks with appropriate modals a Drivers class 7 english CBSE

What are the controls affecting the climate of Ind class 7 social science CBSE

The southernmost point of the Indian mainland is known class 7 social studies CBSE
