A shopkeeper buys an article for rupees 280 and sells it for rupees 240. Find his gain or loss percent.
Answers
Answered by
0
40/280× 100=100/7.The loss percentage is equal to 14.28%
Khalidbinamir0408:
Can u mark my ans as brainliest one
Answered by
3
Cost price of article = Rs 280
Sold price of article = Rs 240
Since C.P > S.P, it is loss
Loss = C.P - S.P = Rs 40
Loss% = Loss/C.P * 100
= 40/280 *100 = nearly 14.28% loss
Sold price of article = Rs 240
Since C.P > S.P, it is loss
Loss = C.P - S.P = Rs 40
Loss% = Loss/C.P * 100
= 40/280 *100 = nearly 14.28% loss
thanks
ur welcome
Similar questions