Question

a book was bought for Rs 50 and sold for Rs 20 what is profit or loss

Answer 1

Cost price = Rs 50

Selling price = Rs 20

CP > SP, so there is loss

Loss = CP - SP

Loss = 50 - 20 = Rs 30

_________________

Loss % = Loss × 100 / CP

= 30 × 100 / 50

= 60 %

Answer 2

cp = 20rs ,sp= 50rs there fore it is loss so loss = cp -sp 50 -20 =30. so loss % = Loss /cp × 100 therefore ; 30/20 ×100 = 150%. Thanks mate Mark me as brain list. Hope this answer help you..