Question

cost of an item was rs 50 it sold at rs 40 find the percent profit or loss ?​

Answer 1

Answer:

20%loss....................

Answer 2

Answer:

So here is your answer

Step-by-step explanation:

Selling price = 40

Cost price = 50

as cost price is bigger it will be loss

so,

loss = Cost price - Selling price

loss = 50-40

loss= 10rs

loss%= loss/Cost price *100

loss%=10/50*100

loss%=20%

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