Rakesh buys a bicycle at 3000
Cost price = Rs. 3000
He sold this bicycle to his friend Mahesh at Rs.2550
Selling price = Rs. 2250
Selling price is less than cost price hence loss is occur.
Loss = C.P. – S.P
= 3000 – 2250
= 750
Loss = 750
We calculate % loss
Loss on 3000 C.P. = 750 then
Loss on 100 C.P. = (?)
(750 X 100 /3000)
75000 / 3000 = 25 %
Percentage loss is 25 %.

Hope this solution helps you dispel all your doubts about this question 🙂

Here is the solution to your question –

Rakesh buys a bicycle at 3000

Cost price = Rs. 3000

He sold this bicycle to his friend Mahesh at Rs.2550

Selling price = Rs. 2250

Selling price is less than cost price hence loss is occur.

Loss = C.P. – S.P

= 3000 – 2250

= 750

Loss = 750

We calculate % loss

Loss on 3000 C.P. = 750 then

Loss on 100 C.P. = (?)

(750 X 100 /3000)

75000 / 3000 = 25 %

Percentage loss is 25 %.

Hope this solution helps you dispel all your doubts about this question 🙂