Question

Ahmed lost Rs 20 by selling a football for Rs 380. what was the loss and loss percent​

Answer 1

Loss = Rs 20

Loss Percent = 5%

Explanation:

Loss = Rs 20

Original price = 380 + 20 = Rs 400

Selling price = Rs 380

Loss percent:

(original price - selling price)/original price * 100%

= (400-380)/400 * 100%

= 20/400 * 100%

= 5%