cp =1800 sp=1000 .find gain or loss percent
Answers
Answer:
400/9% or 44.44%
Step-by-step explanation:
Cost Price : The amount at which an item is bought is known as cost price.
Selling Price : The amount at which an item is sold.
Gain : The difference between the selling price and cost price, when selling price is greater than the cost price.
Loss : The difference between the cost price and selling price, when cost price is greater than the selling price.
Percentage : A number expressed as a fraction of 100.
Given,
Cost Price = 1800
Selling Price = 1000
Since, Cost Price > Selling Price, a loss is incurred.
Loss = Cost Price - Selling Price
Loss = 1800 - 1000
Loss = 800
Now,
Loss% = ( Loss/Cost Price x 100 )%
Loss% = ( 800/1800 x 100 )%
Loss% = ( 4/9 x 100 )%
Loss% = 400/9%
Therefore, Loss% = 400/9% or 44.44%
Hope it Helps!
CP = 1800
SP = 1000
LOSS = 1800-1000
=> 800
Loss% = (Loss /CP ×100)
=> (800/1800×100)
=> 80000/1800
=> 44.45
hence the required loss percent is 44.45%