Cp=4800 sp=4500 find gain or loss percent
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Answer:
Loss % = 6.25%
Step-by-step explanation:
C.P. = ₹ 4,800
S.P. = ₹ 4,500
Loss = (C.P - S.P.)
= ₹ (4800 - 4500)
= ₹ 300
Loss % = (Loss/C.P.) × 100
= (300/4800) × 100
= (1/16) × 100
= 100/16
= 6.25 %
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