Formula for loss % -

This formula will used whene profit and loss % are same.

Loss % = X ² / 100

Example-

A shopkeeper sells two time watch in the same price , making a profit of '57%' on one and a loss '57%' on the other find the profit or loss %.

If profit and loss % are same then there must be a loss %

Putting the value in formula-

Loss % = x ² / 100

Loss % = 57 ² / 100       (where x = profit and loss %)

Loss % = 3249 / 100

Loss % = 32.49

Loss % will Be 32.49%.