Question

A retailer purchased a camera for rs.1560 and sold it at 5% loss find the loss amount​

Answer 1

Loss is Rs. 78

Explanation:

Solution:

Given,

• Cost Price (CP)= Rs.1560
• Loss Percent (L%) = 5%

Here,

L%= L/CP ×100%

or,. 5 =L/1560×100

or,. 5×1560/100 =L

or,. L= Rs.78

Therefore, Loss is Rs.78