Question

A radio set is bought for rupees 640 and sold for rupees 450. Find the gain or loss in the transaction. Also,find the gain or loss percentage​

Answer 1

loss= 640-450=190

loss % = 190/640×100=29.68

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Answer 2

Answer:

LOSS = ₹190

LOSS% = 29.6875 %

Step-by-step explanation:

COST PRICE (CP) = ₹640

SELLING PRICE (SP) = ₹450

LOSS = CP - SP

LOSS = 640 - 450

LOSS = ₹190

LOSS% = (LOSS × 100)÷CP

LOSS% = (190×100)÷640

LOSS% = 29.6875 %