If an article was bought for £400 and was sold for £336 what is the loss persentages

If an article was bought for £400 and was sold for £336 what is the loss persentages

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  1. Answer:

    Hey mate!

    Here is your answer > >

    C.P of an article=Rs.400

    S.P.of an article=Rs.336

    C.P.> S.P., there is a loss

    Loss=C.P.-S.P.

    => Loss=400-336

    =Rs.64

    Loss%=Loss/C.P.×100

    =64/400×100

    =16%

    Hope it helps!

    Thankyou ☆ ☆

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