Question

1.If the cost price = Rs 2600 selling price =Rs 2470 Find the profit or loss%​

Answer 1

Answer:

loss of 5%

Step-by-step explanation:

since selling price < cost price

therefore net loss = cost price - selling price

loss = 2600 - 2470

hence loss =Rs 130

hence loss%=(loss/cost price)×100

loss % = (130/2600)×100=5%

Hope it helps

Answer 2

Answer:

Since , CP > SP then it's a loss.

Cost price - 2600

Selling price - 2470

Loss = CP - SP

= 2600 - 2470 = 130

Loss % = Loss/CP x 100%

= 130/ 2600 x 100%

= 5 %

therefore , loss is 5%