Question

cost price is $250 and selling price $ 235...how to find loss or gain percent

Answer 1

the loss percent is 12%

Answer 2

Heya!!

Here is your answer :

CP or Cost Price is - $ 250
SP or Selling Price is - $ 235

So, $ 250 - $ 235 = $ 15

You may be questioning that Profit or Loss ?

It is Loss, Because CP is greater than SP.

Follow these rules :

i) If CP is greater than SP it is a Loss.

ii) If SP is greater than CP it is a Profit.

NOW,

Finding, Loss % -

15 / 250 × 100 = 6%

Therefore, the loss percent is 6.

Follow these rules :

i) Loss % = Loss / CP × 100.

ii) Profit % = Profit / CP × 100.

Hope it helps you.

Thank You.

Plz mark as brainliest if I deserve.

If any doubt please message me.

@sidhartha