Question

a table is bought for rs. 950 and sold at rs. 40 find the gain percent.

Answer 1

CP = Rs. 950

SP = Rs. 40

As CP>SP; It is Loss

Loss = CP - SP

Loss = 950 - 40

Loss = Rs. 910

L% = (Loss/CP)*100

L% = (910/950)*100

L% = 95.78%