Question

arun purchased bicycle for rs 2500 and sold it for rs 2200.find his gain or loss percentage

Answer 1

CP = Rs 2500

SP = Rs 2200

SP< CP

=> Loss = 2500 - 2300

=> Loss = Rs 300

Loss % = Loss *100 / CP

Loss % = 300 * 100 / 2500

Loss % = 300/25

Loss % = 12 %

Answer 2

hey

cp of bicycle = 2500

SP of bicycle = 2200

loss = cp - SP

= 2500 - 2200

= rs 300

gain% = 300 * 100 / 2500

= 12℅

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