C.P. = ₹850 S.P. = ₹765 Find the profit or loss %
Answers
Solution:-
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Here it is given in the question that the cost price and selling price of a product is ₹850 and ₹765 respectively. Now the question has asked us to find out the profit or loss percent.
Whenever the cost price is greater than the selling price (CP > SP) it is considered as loss. So here we have to find the loss percent. To find the loss percent we need to first subtract the SP from the CP. By subtracting the SP from the CP we will get the loss. After that we have to apply the formula of loss percent to get the loss%.
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ANSWER:-
⟼ Loss% is 10%.
GIVEN:-
➤ Cost price = ₹850
➤ Selling price = ₹765
TO FIND:-
- Here we have to find the loss%.
SOLUTION:-
- As mentioned above to get the loss% first we need to find out the loss by subtracting the SP from CP.
We know that:-
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So, let's find the loss first!
- Finding the loss:-
----------------------
- As we got the loss so now we will apply the formula of loss% to get our answer.
We know that:-
----------------------
So, now let's find the loss%:-
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- Profit = (SP > CP) = SP - CP
- Loss = (CP > SP) = CP - SP
- Profit% = (Profit × 100 / CP)%
- Loss% = (Loss × 100 / CP)%
- SP when Profit Percent is given = (100 + Profit % / 100)× CP
- CP when Profit Percent is given = (SP × 100 / 100 + Profit %)
- SP when Loss Percent is given = (100 - Loss / 100)× CP
- CP when Loss Percent is given = (SP × 100 / 100 - Loss)
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Step-by-step explanation:
Solution:-
━━━━━━━━━━━━━━━━━━━━━━━━━━
Here it is given in the question that the cost price and selling price of a product is ₹850 and ₹765 respectively. Now the question has asked us to find out the profit or loss percent.
Whenever the cost price is greater than the selling price (CP > SP) it is considered as loss. So here we have to find the loss percent. To find the loss percent we need to first subtract the SP from the CP. By subtracting the SP from the CP we will get the loss. After that we have to apply the formula of loss percent to get the loss%.
----------------------
ANSWER:-
⟼ Loss% is 10%.
GIVEN:-
➤ Cost price = ₹850
➤ Selling price = ₹765
TO FIND:-
Here we have to find the loss%.
SOLUTION:-
As mentioned above to get the loss% first we need to find out the loss by subtracting the SP from CP.
We know that:-
----------------------
So, let's find the loss first!
Finding the loss:-
----------------------
As we got the loss so now we will apply the formula of loss% to get our answer.
We know that:-
----------------------
So, now let's find the loss%:-
----------------------
Profit = (SP > CP) = SP - CP
Loss = (CP > SP) = CP - SP
Profit% = (Profit × 100 / CP)%
Loss% = (Loss × 100 / CP)%
SP when Profit Percent is given = (100 + Profit % / 100)× CP
CP when Profit Percent is given = (SP × 100 / 100 + Profit %)
SP when Loss Percent is given = (100 - Loss / 100)× CP
CP when Loss Percent is given = (SP × 100 / 100 - Loss)
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