A shopkeeper bought a table for Rs. 5000 and it sold for Rs.4000. Find

1.	A shopkeeper bought a table for Rs. 5000 and it sold for Rs.4000. Find the loss amount and loss percentage?
Answer» ONG>Answer: Ok Step-by-step EXPLANATION: COST price =5000 Selling price = 4000 Loss= SP - CP = 5000-4000= 1000 Loss amount = 1000 Loss percentage = (lost amount/cost price) x 100 = 1000 x 100 ____ 5000 = 1 x 100 __ 5 = 20%

A shopkeeper bought a table for Rs. 5000 and it sold for Rs.4000. Find the loss amount and loss percentage?

Answer» ONG>Answer:

Step-by-step EXPLANATION:

COST price =5000

Selling price = 4000

Loss= SP - CP

= 5000-4000= 1000

Loss amount = 1000

Loss percentage = (lost amount/cost price) x 100

= 1000 x 100

____

5000

= 1 x 100

= 20%