Question

A cycle was purchased for rupees 1600 and sold for rupees 1200 find the profit or loss percent

Answer 1

cp=1600

sp=1200

since , sp<cp

so, there is a loss.

loss=cp-sp

=1600-1200=400Rs

loss percent = loss/cp×100

=400/1600×100

=

$\frac{1}{4} \times 100 = 25$

Answer 2

Answer:

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