Question

Anupam buys an article for * 490 and sells it for 465.50. Find the loss or gain percentage.​

Answer 1

Loss = Rs (490.00 – 465.50) = Rs 24.50. Hence, the required percentage = (24.50/490 × 100)% = 5%.

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Answer 2

Answer:

The loss percentage will be 5%

Step-by-step explanation:

The cost price and the selling price of an article is given to be Rs. 490 and Rs. 465.50

We have to find the loss or gain percentage

Now, as the selling price is less than the cost price, there will be a loss

loss = cost price - selling price

      = 490 - 465.5

      = 24.5

loss% = (loss/cost price) × 100

         = (24.5/490) × 100

         = 5%