Question

A calculate was purchased for RS 120 and was fold subsequently for 108 find the loss and gain per cent​

Answer 1

A calculator was purchased for Rs120

It was sold for Rs 108

It a case of loss because cost price is more than selling price

Loss=120/108=12

%of loss=loss/s.p×100

(Here ,s.p=selling price and 100 means the %)

=12/108×100

=0.11×100

=11% (Ans)