Arjun bought a new phone for 60000 and paid 20000 for its transportation then he sold it for 10000 find his gain or loss percentage
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Answer:
Loss 87.5%
Step-by-step explanation: Given Cost Price is 60000 and add transportation charge also 20000= 80000
C.P.= 80000, S.P.= 10000
Loss= C.P. - S.P.
= 80000-10000
Loss = 70000
% of Loss = Loss ×100
C.P.
= 70000 × 100
80000
= 700
8
Loss = 87.5%
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