Question

cost price is 6200 and selling price is 5890 find profit and profit percent and loss and loss pecent​

Answer 1

Answer:

There is loss of 3.22 % respectively.

Explanation :-

Given :

Cost Price = Rs. 6200

Selling Price = Rs. 6000

To find :

The profit or loss percentage

Solution :

Since, C.P > S.P

There is a loss.

Therefore, Loss = (C.P - S.P)

= Rs.(6200 - 6000)

= Rs.200

Hence, the loss is Rs.200

We know that,

l\% = (\dfrac{l}{cp} \times 100)\%l%=(

cp

l

×100)%

\: \: \: \: \: \: \: = (\dfrac{200}{6200} \times 100)\%=(

6200

200

×100)%

\: \: \: \: \: \: \: = 3.22\%=3.22%

Hence, the loss percentage is 3.22%