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C.P. = * 60 and loss = 12 %

2

## Answers

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**Step-by-step explanation:**

Given,

To find out loss or gain % where, C.P=Rs. 60 & loss =12

2

1

%

as we know that,

Selling price (S.P)=Costprice(C.P)×[

(100)

100−Loss%

]

So, here we get,

S.P=60×[

100

100−121/2

]

=60×[

100

100−12.5

]

=60×

100

87.5

⇒3×17.5

⇒52.5 Rs

⇒ S.P=52.5

∴ Loss =7.5% on the cost price, as we got selling price as 52.5 Rs.

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