Dinesh purchased a book set at ₹1,200 and sold it for ₹900 only. Find out the
percentage loss incurred by him?
Ans 1. 20%
2. 30%
3. 35%
4. 25

To find the percentage loss incurred by Dinesh, we can use the formula for percentage loss:

\[ \text{Percentage Loss} = \left( \frac{\text{Cost Price} - \text{Selling Price}}{\text{Cost Price}} \right) \times 100 \% \]

Given:
- Cost Price (CP) = ₹1,200
- Selling Price (SP) = ₹900

First, calculate the actual loss:
\[ \text{Loss} = \text{CP} - \text{SP} = 1200 - 900 = 300 \]

Next, calculate the percentage loss:
\[ \text{Percentage Loss} = \left( \frac{300}{1200} \right) \times 100\% \]

Simplify the fraction:
\[ \frac{300}{1200} = \frac{1}{4} \]

Then multiply by 100 to get the percentage:
\[ \left( \frac{1}{4} \right) \times 100\% = 25\% \]

Thus, the percentage loss incurred by Dinesh is:

**4. 25%**

Would you like further details or have any questions?

Here are 5 questions you might want to ask:
1. How do you calculate profit and loss percentages?
2. What is the difference between cost price and selling price?
3. Can you explain more examples of profit and loss problems?
4. How do you handle discounts and markups in percentage problems?
5. What are some tips for solving real-life profit and loss scenarios?

Tip: Always double-check your calculations in percentage problems to ensure accuracy, especially when dealing with financial transactions.

Learn how to calculate percentage loss using Dinesh's book set example. Understand the formula for percentage loss and step-by-step calculation process with detailed explanations. Suitable for Grades 7-9.

Math Problem Statement

Solution

Ask a new question for Free

By Image

Math Problem Analysis

Mathematical Concepts

Formulas

Theorems

Suitable Grade Level

Related Recommendation