The cost price of a radio is Rs.4800 and it was sold for Rs.4400, find the loss %?

The cost price of a radio is Rs.4800 and it was sold for Rs.4400, find the loss %?

Answer/Solution

8

Steps/Work

4800 ---- 400
100 ---- ? => 8%
Answer: A

Gain Calculator / Auto Solver

The cost price of a radio is $ and it was sold for $, find the loss %?

Calculated Answer

8.3333333333333

Step by Step Solution

In order to solve problem, you must evaluate (n₀ - n₁) / n₀ * 100.

n₀ =	4800
n₁ =	4400

(n₀ - n₁) / n₀ * 100
Evaluate n₀ - n₁ = 400
400 / n₀ * 100
Evaluate 400 / n₀ = 0.083333333333333
0.083333333333333 * 100
Evaluate 0.083333333333333 * 100 = 8.3333333333333
8.3333333333333
The answer to the problem and the result of (n₀ - n₁) / n₀ * 100 is 8.3333333333333