Mary bought a bag of rice for 9000 and sold it for 6300. What was her percentage loss

Answer 1

To calculate the percentage loss, we need to find the difference between the selling price and the buying price, and then divide that difference by the buying price and multiply by 100 to get the percentage.

Buying price = 9000
Selling price = 6300

Loss = Buying price - Selling price
Loss = 9000 - 6300
Loss = 2700

Percentage Loss = (Loss / Buying price) * 100
Percentage Loss = (2700 / 9000) * 100
Percentage Loss = 0.3 * 100
Percentage Loss = 30%

So, Mary had a loss of 30% on the rice she sold.