Question

2. The CP of the article is Rs. 580 and the SP is Rs. 500. Find the gain or
loss percent.​

Answer 1

Step-by-step explanation:

Here CP is greater then SP

so there is a lose ,then

lose =CP -SP

=580-500

=80

then lose percentage

=loss÷CP ×100%

=80÷580×100%

= 13.79%

=13.8%

Answer 2

Answer:

Approximately 13.7%.

Step-by-step explanation:

Cost Price: Rs. 580

Selling Price: Rs. 500

580 > 500.

CP > SP, means loss.

Loss: CP - SP

580 - 500

→Rs. 80

Loss%: Loss/CP × 100

→80/580×100

→13.7% {Approx.}

Hence, the Loss per cent is Rs. 13.7%, Approximately.