Question

Amitabh buy an article for 1000rs and he sells it for 997?what is his gain or loss percent?

Answer 1

Heya Frnd..........☺

Since , CP > SP

It is a loss.

Now,

Loss => $\boxed{0.3}$%

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PLEASE SEE THE SOLUTION IN THE ATTACHED PICTURE.

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Answer 2

Formula

Gain % = gain/c.p × 100 %

Loss%= loss/c.p× 100%

Gain =s.p-c.p

Loss= c.p- s.p

If c.p> s.p, there is loss

And

If c.p <s.p, there is profit

In this case there is loss

Hence loss%=3/1000×100%

Loss % = 0.3%


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Hope it helps