Question

Anupam buys an article for rs490 and sells it for 465.50. Find the loss or gain percentage.​

Answer 1

Answer:

Cost price of an article = Rs. 490

Selling price of the article = Rs. 465.50

Now,

465.50 + x% = 490

x% = 490 - 465.50

x% = 24.5%

24.5% loss

Answer 2

Answer:

5% loss

Step-by-step explanation:

Buys article for=490

sells for= 465.50

loss=

$465.50 + x = 490 \\ x = 490 - 465.50 \\ loss = 24.5$

now

$loss\% = 100 \times \frac{loss}{cp} \\ = 100 \times \frac{24.5}{490}$

(zero and zero cancel, divided 49 and 10 by 5, 24.5 and 24.5 cut)

°

=5%