Question

apenas both for Rs 7.75 and sold at OLX 6.25 find a profit or loss

Answer 1

a simple loss of 1.5 Red.

Answer 2

While SP is less than CP then obviously its loss
L=7.75-6.25= 1.5
L%=L/CP×100
=1.5/7.75 × 100
150/775 ×100
15000/775=19.4%