An article costing Rs 1500 was sold for Rs 1050. Percentage loss is Question An article costing Rs 1500 was sold for Rs 1050. Percentage loss is in progress 0 Math 1 month 2021-08-18T17:12:51+00:00 2021-08-18T17:12:51+00:00 2 Answers 0 views 0

## Answers ( )

Answer:Difference = 1650 – 1500 = 150

Tax percentage = Difference X 100

Initial cost

Tax percentage = 150 X 100

1500

= 10 %

Answer:The loss percent is 30%

Step-by-step explanation:CP of article = 1500

SP of article = 1050

Hence,

CP > SP

Loss = CP-SP

=1500-1050

=450

Loss% = Loss/CP x 100

=450/1500×100

=30%