Question

Calculate Profit/Loss percent for CP=Rs.1000,SP=Rs.800.​

Answer 1

Answer:

There will be loss as CP>SP.

Step-by-step explanation:

CP= rupees 1000

SP= rupees 800

CP>SP = loss

Loss= CP-SP= rupees 1000-800= rupees 200

Loss% = loss/cp*100= 200/1000*100= 20% answer.

The loss percent is 20%.

Answer 2

Before finding the answer, let's see on how to find the answer :

• To find the profit or loss, we use the following formula.

$\sf \: s.p - c.p$

• Next, To find the profit/loss percentage. We use the this formula.

$\sf \dfrac{profit/loss}{c.p} \times 100$

______________________________

Given :

• Cost price = Rs. 1000
• Selling price = Rs. 800

To find :

• Profit/ Loss

Solution :

Profit = S.P > C.P

Loss = C.P > S.P

Here,

Rs. 1000 (c.p) > Rs. 800 (s.p)

Hence, it is a loss.

$\sf \: Loss \: percentage = \dfrac{loss}{c.p} \times 100$

$\sf \: Loss \: percentage = \dfrac{200}{1000} \times 100$

$\sf \: Loss \: percentage = \dfrac{20000}{1000}$

$\sf \: Loss \: percentage = 20$

Hence, loss percentage is 20%.