Question

A scooter bought for rupees 8800 was sold for rupees 7600. Was there a profit or loss and what percent?

Answer 1

op=original price
s= sales


formula=OP-S ÷ (OP)=n

=8800-7600 ÷ (8800)=13.6362...%

profit lost=1200
Percent=13.6363..%

Answer 2

Answer:

13.63%

Step-by-step explanation:

cp 8800

sp 7600

cp is greater there is a loss

Loss%-(cp-sp)x100/cp

8800-7600x100/8800

1200x100/8800=1200/88=13.63%