Question

A chair is purchased for 700 and sold for 570.Find gain or loss per cent

Answer 1

A chair purchased in = 700
And Sold in = 570

The gain is = 700-570 = 130 loss

the loss percentage is = 130/700*100=18.57% Ans..………


hope its help u my friend^_^

Answer 2

Yo!
Your Answer.

Loss = CP - SP
$~~~~~~~~~{=700-570=130}$

Loss °/• = Loss / CP * 100

= 130/700 * 100
=130/7
=18.57 °/• loss