Question

a chair is purchased for rs 700 and sold for rs 570, find the gain or loss percent ?
(hint: answer I got is 18 4/7%)​

Answer 1

Answer:

the loss percent is 18.57%

Step-by-step explanation:

cost price = rs 700

selling price = rs 570

as cp > sp,

loss = cp - sp

       = 700 - 570

       = rs `130

loss % = loss/cp*100

           = 130/700*100

           = 130/7

           =18.57%

PLZ MARK AS BRAINLIEST !

Answer 2

Answer:

CP of a chair = ₹700

SP = ₹ 570

loss = 700-570

=₹130

loss %=130/700×100

=18 4/7%