# Seeds worth Rs. 20500, labour Rs. 9700, chemicals and fertilizers Rs. 5600 and selling price Rs. 28640. Calculate the percentage loss.

Last updated date: 30th Mar 2023

•

Total views: 307.8k

•

Views today: 8.84k

Answer

Verified

307.8k+ views

Hint: Use the information, percentage loss can be calculated as $\dfrac{{Loss}}{{SP}} \times 100$ where SP stands for selling price. We need to find the loss which is the difference of selling price and total expense. Then, in the end, putting the values in the formula will lead us to the answer.

Complete step-by-step answer:

We have given the cost price of seed as Rs. 20500, cost price of labour as Rs. 9700 and cost price of chemicals and fertilizers as Rs. 5600.

So, total expenses E \[ = 20500 + 9700 + 5600\] which is equal to Rs. \[35800\]. Selling price SP is given to us as 28640.

Here, we should observe that the selling price is higher than total expense. So, the vendor/person must be in loss and the loss amount will be equal to their difference which is $35800 - 28640 = 7160$.

We have got our loss as Rs. 7160. Now, let’s find the percentage loss. For this we know the formula $\dfrac{{Loss}}{{SP}} \times 100$.

On putting the values, we get, $\dfrac{{7160}}{{35800}} \times 100 \Rightarrow \dfrac{{7160}}{{358}} = 20$. Hence the required percentage loss is 20%.

Note: For profit and loss problems, it’s always recommended to be empathetic with the problem which is given to us. It’ll enhance our understanding of the problems and more likely we’ll be able to solve this problem.

Complete step-by-step answer:

We have given the cost price of seed as Rs. 20500, cost price of labour as Rs. 9700 and cost price of chemicals and fertilizers as Rs. 5600.

So, total expenses E \[ = 20500 + 9700 + 5600\] which is equal to Rs. \[35800\]. Selling price SP is given to us as 28640.

Here, we should observe that the selling price is higher than total expense. So, the vendor/person must be in loss and the loss amount will be equal to their difference which is $35800 - 28640 = 7160$.

We have got our loss as Rs. 7160. Now, let’s find the percentage loss. For this we know the formula $\dfrac{{Loss}}{{SP}} \times 100$.

On putting the values, we get, $\dfrac{{7160}}{{35800}} \times 100 \Rightarrow \dfrac{{7160}}{{358}} = 20$. Hence the required percentage loss is 20%.

Note: For profit and loss problems, it’s always recommended to be empathetic with the problem which is given to us. It’ll enhance our understanding of the problems and more likely we’ll be able to solve this problem.

Recently Updated Pages

If a spring has a period T and is cut into the n equal class 11 physics CBSE

A planet moves around the sun in nearly circular orbit class 11 physics CBSE

In any triangle AB2 BC4 CA3 and D is the midpoint of class 11 maths JEE_Main

In a Delta ABC 2asin dfracAB+C2 is equal to IIT Screening class 11 maths JEE_Main

If in aDelta ABCangle A 45circ angle C 60circ then class 11 maths JEE_Main

If in a triangle rmABC side a sqrt 3 + 1rmcm and angle class 11 maths JEE_Main

Trending doubts

Difference Between Plant Cell and Animal Cell

Write an application to the principal requesting five class 10 english CBSE

Ray optics is valid when characteristic dimensions class 12 physics CBSE

Give 10 examples for herbs , shrubs , climbers , creepers

Write a letter to the principal requesting him to grant class 10 english CBSE

List out three methods of soil conservation

Epipetalous and syngenesious stamens occur in aSolanaceae class 11 biology CBSE

Change the following sentences into negative and interrogative class 10 english CBSE

A Short Paragraph on our Country India