an article is bought from Jaipur for 4800 and is sold in Delhi for 5820 rupees if1200 spent on its transportation etc.find the loss or gain as percent
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c.p. of article =₹ 4800
cost of transportation =₹1200
total c.p. = 4800+1200=₹6000
s.p. =₹5820
as , c.p. is greater than s.p. ,
then = loss
loss amt. =₹6000-₹5820=
₹180
loss percent = loss *100/cp
so =180*100/6000
= 3%
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