Rishi bought a wrist watch for Rs 2200 and sold it for Rs 1980. Find his loss and loss percent.

Explanation

As per the data given in the above question
The given that the cost of wrist watch is `Rs.2200`
Selling price of wrist watch is `Rs.1980`
We have to find the loss and loss percentage
The loss in selling wrist watch is as below
Loss=`C.P-S.P`
Loss=`2200-1980`
Loss=`Rs.220`
So, the loss percent is as follow,
`(loss)/(CP)xx100`
`(220)/(2200)xx100`
`1/10xx100`
Loss percentage
`10%`