Question

An article costing 5000 is sold for 4850. Is there a profit or loss? What
percentage is it?​

Answer 1

Answer:

3%

Step-by-step explanation:

There is loss as SP is less than CP

Loss = CP-SP

= 5000-4850

= 150

$\large \text{Loss \%}$

$\sf \ \boxed {\sf{\frac{loss}{total \: cost \: price } \times 100 }}$

$\implies \frac{ \cancel{150} } {\cancel{50} \cancel{00}} \times \cancel{ 100}$

$\pink{ \boxed{\huge3 \: \%}} \sf \: \: \: is \: your \: answer$

Answer 2

Answer:

an article costing - 5000

sold - 4850

profit or loss-?

5000-4850=150

loss - 150

loss of percentage - 3%

5000

150× 100

= 3%