By selling a steel almirah for Rs. 3906, a manufacturer suffers a loss of Rs. 294. Find his loss percentage.

Answer

To find the loss percentage when a steel almirah is sold for Rs. 3906 with a loss of Rs. 294, we can follow these steps:

### Step 1: Identify the Selling Price (SP) and Loss
- Selling Price (SP) = Rs. 3906
- Loss = Rs. 294

### Step 2: Calculate the Cost Price (CP)
To find the Cost Price (CP), we can use the formula:
\[ \text{Loss} = \text{CP} - \text{SP} \]
Rearranging this gives us:
\[ \text{CP} = \text{SP} + \text{Loss} \]

Substituting the values:
\[ \text{CP} = 3906 + 294 \]
\[ \text{CP} = 4200 \]

### Step 3: Calculate the Loss Percentage
The formula for Loss Percentage is:
\[ \text{Loss Percentage} = \left( \frac{\text{Loss}}{\text{CP}} \right) \times 100 \]

Substituting the values:
\[ \text{Loss Percentage} = \left( \frac{294}{4200} \right) \times 100 \]

### Step 4: Simplify the Calculation
First, we can simplify the fraction:
\[ \frac{294}{4200} = \frac{294 \div 294}{4200 \div 294} = \frac{1}{14.2857} \approx 0.07 \]

Now, multiplying by 100:
\[ \text{Loss Percentage} \approx 0.07 \times 100 \approx 7 \]

### Final Answer
The loss percentage is approximately **7%**.

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