Question

57) Find the loss or gain percentage
i) C.P.
11
Rs 700 :
S.P.
=
RS 650.
11
D​

Answer 1

Step-by-step explanation:

CP = 700

SP = 650

As CP is greater than DP there is a loss

Loss = CP - SP

= 700 - 650

= 150

loss value is 150

hence we should find out loss percentage

Loss Percent = loss/CP * 100

substitute the values in the formula

( multiplication refers to ' * ' this symbol)

Loss Percentage = 150 / 700 * 100

21.42

Therefore the loss percentage is 21.4 percent