7 litres of petrol are bought at Rs. 630 and 2 litres are lost by leakage, the remainder is sold at
Rs. 105 a litre, find the gain or loss per cent.
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solution:
Given
7 litres of petrol = Rs. 630
2 litres are lost by leakage
the remainder is sold = Rs. 105
gain or loss percent = ?
According to formula
Total loss = Cost prise- Selling price
= Rs 630 - 525 = Rs. 105
Now, Loss% = Actual Loss ✖️ 100% = 105 ✖️ 100
Cost Price 630
Loss percent = 6% ans
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