Question

Andikan sold a fan for N465. Find the percentage profit/loss if he bought the fan for N500.

Answer 1

Step-by-step explanation:

cp=500

so=465

loss=35

,loss%=

$(35 \times 100 ) \div 500 = 7$

loss of 7% .

Answer 2

Answer:

7% Loss

Step-by-step explanation:

Cost Price (CP) = Rs.500

Selling Price (SP) = Rs.465

Loss Incurred =  CP - SP

                      =  500 - 465 = 35

Let the loss % be x

Therefore, x% of CP = Loss

    i.e.,  $\frac{x}{100}$ * 500 = 35

       => x = (35 * 100) / 500

       => x = 7

Hence, 7% is the loss incurred by Andikan

HOPE IT HELPS YOU.......

PLS MARK IT BRAINLIEST......