Question

a shopkeeper bought a dress for 750 and sold it ,making a loss of 50 .calculate the percentage loss made on the sale​

Answer 1

He made a loss of 6.67%

Explanation:

Loss percentage =
`(Loss)/(Cost price) * 100`

Loss = 50

Cost price = 750

Hence, Loss percentage=

`(50)/(750) *100`

=
`(20)/(3)` = 6.66 %

He made a loss of 6.6666%.

This amount can be rounded up to 6.67%

Hope this helps.