• NCERT Solutions
    • NCERT Library
  • RD Sharma
    • RD Sharma Class 12 Solutions
    • RD Sharma Class 11 Solutions Free PDF Download
    • RD Sharma Class 10 Solutions
    • RD Sharma Class 9 Solutions
    • RD Sharma Class 8 Solutions
    • RD Sharma Class 7 Solutions
    • RD Sharma Class 6 Solutions
  • Class 12
    • Class 12 Science
      • NCERT Solutions for Class 12 Maths
      • NCERT Solutions for Class 12 Physics
      • NCERT Solutions for Class 12 Chemistry
      • NCERT Solutions for Class 12 Biology
      • NCERT Solutions for Class 12 Economics
      • NCERT Solutions for Class 12 Computer Science (Python)
      • NCERT Solutions for Class 12 Computer Science (C++)
      • NCERT Solutions for Class 12 English
      • NCERT Solutions for Class 12 Hindi
    • Class 12 Commerce
      • NCERT Solutions for Class 12 Maths
      • NCERT Solutions for Class 12 Business Studies
      • NCERT Solutions for Class 12 Accountancy
      • NCERT Solutions for Class 12 Micro Economics
      • NCERT Solutions for Class 12 Macro Economics
      • NCERT Solutions for Class 12 Entrepreneurship
    • Class 12 Humanities
      • NCERT Solutions for Class 12 History
      • NCERT Solutions for Class 12 Political Science
      • NCERT Solutions for Class 12 Economics
      • NCERT Solutions for Class 12 Sociology
      • NCERT Solutions for Class 12 Psychology
  • Class 11
    • Class 11 Science
      • NCERT Solutions for Class 11 Maths
      • NCERT Solutions for Class 11 Physics
      • NCERT Solutions for Class 11 Chemistry
      • NCERT Solutions for Class 11 Biology
      • NCERT Solutions for Class 11 Economics
      • NCERT Solutions for Class 11 Computer Science (Python)
      • NCERT Solutions for Class 11 English
      • NCERT Solutions for Class 11 Hindi
    • Class 11 Commerce
      • NCERT Solutions for Class 11 Maths
      • NCERT Solutions for Class 11 Business Studies
      • NCERT Solutions for Class 11 Accountancy
      • NCERT Solutions for Class 11 Economics
      • NCERT Solutions for Class 11 Entrepreneurship
    • Class 11 Humanities
      • NCERT Solutions for Class 11 Psychology
      • NCERT Solutions for Class 11 Political Science
      • NCERT Solutions for Class 11 Economics
      • NCERT Solutions for Class 11 Indian Economic Development
  • Class 10
    • NCERT Solutions for Class 10 Maths
    • NCERT Solutions for Class 10 Science
    • NCERT Solutions for Class 10 Social Science
    • NCERT Solutions for Class 10 English
    • NCERT Solutions For Class 10 Hindi Sanchayan
    • NCERT Solutions For Class 10 Hindi Sparsh
    • NCERT Solutions For Class 10 Hindi Kshitiz
    • NCERT Solutions For Class 10 Hindi Kritika
    • NCERT Solutions for Class 10 Sanskrit
    • NCERT Solutions for Class 10 Foundation of Information Technology
  • Class 9
    • NCERT Solutions for Class 9 Maths
    • NCERT Solutions for Class 9 Science
    • NCERT Solutions for Class 9 Social Science
    • NCERT Solutions for Class 9 English
    • NCERT Solutions for Class 9 Hindi
    • NCERT Solutions for Class 9 Sanskrit
    • NCERT Solutions for Class 9 Foundation of IT
  • CBSE Sample Papers
    • Previous Year Question Papers
    • CBSE Topper Answer Sheet
    • CBSE Sample Papers for Class 12
    • CBSE Sample Papers for Class 11
    • CBSE Sample Papers for Class 10
    • Solved CBSE Sample Papers for Class 9 with Solutions 2024-2025
    • CBSE Sample Papers Class 8
    • CBSE Sample Papers Class 7
    • CBSE Sample Papers Class 6
  • Textbook Solutions
    • Lakhmir Singh
    • Lakhmir Singh Class 10 Physics
    • Lakhmir Singh Class 10 Chemistry
    • Lakhmir Singh Class 10 Biology
    • Lakhmir Singh Class 9 Physics
    • Lakhmir Singh Class 9 Chemistry
    • PS Verma and VK Agarwal Biology Class 9 Solutions
    • Lakhmir Singh Science Class 8 Solutions

Learn CBSE

NCERT Solutions for Class 6, 7, 8, 9, 10, 11 and 12

Calculate Loss and Loss Percent

November 3, 2020 by Veerendra

To calculate the Loss we need to know “What is Loss?” When we sold an item or a product less than it’s actual price, then Loss occurs which means the product is sold for a low price than the actual price. Now coming to the formula to calculate Loss we have
Loss(L)= Cost Price (CP) – Selling Price(SP)

Here we can see the new terms “Selling price” and “Actual Price” or “Cost Price.” Let us discuss what they refer to.
Selling Price: The price of the product which was sold by the shopkeeper to the customer for a certain price is known as the selling price. Selling Price can also be written as SP. To calculate the Selling Price, we have a formula i.e.

Selling Price(SP)= Cost Price(CP) – Loss(L)

Cost Price: It is also called Actual Price, which means the actual cost of a product or original cost of a product or an item that was bought from the merchant or retailer. To calculate Cost Price, we have a formula i.e,
Cost Price(CP)= Selling Price(SP) + Loss(L)
In the above, we have discussed the related terms. Let’s discuss more about Loss with some examples covering every detail.

Solved Examples on Loss

1.  Find the Loss if
a) SP= 80 and CP= 100
b) SP= 120 and CP= 150
c) SP= 200 and CP= 300

Solution:

a) SP= 80 and CP= 100

We know the formula to calculate the Loss as below
Loss(L)= Cost price (CP) – Selling price(SP).
Substituting the input data in the formula and doing basic math we get
= 100- 80
= 20
Loss= 20.

b) SP= 120 and CP= 150

Formula to calculate the Loss is as under
Loss(L)= Cost price (CP) – Selling price(SP).
Apply the input data you have in the formula and perform basic math
= 150-120
= 30
Loss= 30.

c) SP= 200 and CP= 300

Formula to calculate the Loss is as below
Loss(L)= Cost price (CP) – Selling price(SP).
Substitute the input information we have to find out the Loss
= 300- 200
= 100
Loss= 100.

2. A shopkeeper bought 5 dozens bananas for Rs 300 and sold them at Rs 250. How much he loses?

Solution:
The cost price of bananas= Rs 300
The selling price of bananas= Rs 250
Formula for Loss(L)= Cost Price (CP) – Selling Price(SP).
= Rs 300- Rs 250
= Rs 50.
Loss= Rs 50.

How to Calculate the Loss Percent?

Loss percent is the percent which is expressed as the percentage of the cost price. The formula of Loss Percent is
Loss %= (Loss/ Cost Price)×100. Cost Price is always considered for reference to determine whether you got Loss or Profit. We have listed few examples explaining the process on how to find the Loss Percentage. They are as such

1.  Find Loss % if
a) SP= 80 and CP= 100
b) SP= 120 and CP= 150
c) SP= 200 and CP= 300

Solution:

a) SP= 80 and CP= 100
Formula to calculate the Loss(L)= Cost price (CP) – Selling price(SP).
= 100- 80
= 20
Loss= 20.
After finding the Loss we can determine the Loss % easily
Loss %= (Loss/ Cost Price)×100.
= (20/100) × 100
= 20%

b) SP= 120 and CP= 150
Formula to calculate the Loss(L)= Cost price (CP) – Selling price(SP).
= 150-120
= 30
Loss= 30.
Substitute the Loss value in th Loss % formula we have the equation as such
Loss%= (Loss/ Cost price)×100.
= (30/150)×100
= (1/5)×100
= 20%

c) SP= 100 and CP= 200

Apply the given input data in the formula for
Loss(L)= Cost price (CP) – Selling price(SP).
= 200- 100
= 100
Loss = 100.
Substitute the Loss in the Loss % we have the equation as such
Loss %= (Loss/ Cost Price)×100.
= (100/200)×100
= (1/2)×100
= 50.

2. A man purchased a scooter for Rs 50,000 and after two years he sold it for Rs 30,000. Find Loss and Loss percent.

Solution:

The cost price of a scooter = Rs 50,000
The selling price of a scooter= Rs 30,000
Loss(L)= Cost price (CP) – Selling Price(SP).
Substitute the input values in the formula of Loss we have
= Rs 50,000 – Rs 30,000
= Rs 20,000.

Apply the Loss in the Loss Formula we have
Loss %= (Loss/ Cost price)×100.
= (20,000/50,000)×100
= (2/5)×100
= 2×20
= 40%.

Related Articles:

  • Profit and Loss
  • Calculate Profit and Profit Percent

Filed Under: Mathematics

LearnCBSE.in Student Education Loan
  • Student Nutrition - How Does This Effect Studies
  • Words by Length
  • NEET MCQ
  • Factoring Calculator
  • Rational Numbers
  • CGPA Calculator
  • TOP Universities in India
  • TOP Engineering Colleges in India
  • TOP Pharmacy Colleges in India
  • Coding for Kids
  • Math Riddles for Kids with Answers
  • General Knowledge for Kids
  • General Knowledge
  • Scholarships for Students
  • NSP - National Scholarip Portal
  • Class 12 Maths NCERT Solutions
  • Class 11 Maths NCERT Solutions
  • NCERT Solutions for Class 10 Maths
  • NCERT Solutions for Class 9 Maths
  • NCERT Solutions for Class 8 Maths
  • NCERT Solutions for Class 7 Maths
  • NCERT Solutions for Class 6 Maths
  • NCERT Solutions for Class 6 Science
  • NCERT Solutions for Class 7 Science
  • NCERT Solutions for Class 8 Science
  • NCERT Solutions for Class 9 Science
  • NCERT Solutions for Class 10 Science
  • NCERT Solutions for Class 11 Physics
  • NCERT Solutions for Class 11 Chemistry
  • NCERT Solutions for Class 12 Physics
  • NCERT Solutions for Class 12 Chemistry
  • NCERT Solutions for Class 10 Science Chapter 1
  • NCERT Solutions for Class 10 Science Chapter 2
  • Metals and Nonmetals Class 10
  • carbon and its compounds class 10
  • Periodic Classification of Elements Class 10
  • Life Process Class 10
  • NCERT Solutions for Class 10 Science Chapter 7
  • NCERT Solutions for Class 10 Science Chapter 8
  • NCERT Solutions for Class 10 Science Chapter 9
  • NCERT Solutions for Class 10 Science Chapter 10
  • NCERT Solutions for Class 10 Science Chapter 11
  • NCERT Solutions for Class 10 Science Chapter 12
  • NCERT Solutions for Class 10 Science Chapter 13
  • NCERT Solutions for Class 10 Science Chapter 14
  • NCERT Solutions for Class 10 Science Chapter 15
  • NCERT Solutions for Class 10 Science Chapter 16

Free Resources

RD Sharma Class 12 Solutions RD Sharma Class 11
RD Sharma Class 10 RD Sharma Class 9
RD Sharma Class 8 RD Sharma Class 7
CBSE Previous Year Question Papers Class 12 CBSE Previous Year Question Papers Class 10
NCERT Books Maths Formulas
CBSE Sample Papers Vedic Maths
NCERT Library

NCERT Solutions

NCERT Solutions for Class 10
NCERT Solutions for Class 9
NCERT Solutions for Class 8
NCERT Solutions for Class 7
NCERT Solutions for Class 6
NCERT Solutions for Class 5
NCERT Solutions for Class 4
NCERT Solutions for Class 3
NCERT Solutions for Class 2
NCERT Solutions for Class 1

Quick Resources

English Grammar Hindi Grammar
Textbook Solutions Maths NCERT Solutions
Science NCERT Solutions Social Science NCERT Solutions
English Solutions Hindi NCERT Solutions
NCERT Exemplar Problems Engineering Entrance Exams
Like us on Facebook Follow us on Twitter
Watch Youtube Videos NCERT Solutions App