A TV is purchased at Rs. 5000 and sold at Rs. 4000, find the lost percent?
A TV is purchased at Rs. 5000 and sold at Rs. 4000, find the lost percent?
Explanation
C.P = 5000 , S.P = 4000
Loss = C.P – S.P
Loss = 5000-4000 = 1000
Loss % = (Loss/C.P) * 100
Loss %= ( 1000/5000) * 100
= 20