cp = RS 7500 , Sp= Rs 6900 find the gain or loss %
Answers
Answer:
CP =Rs 7500
SP = Rs 6900
CP > SP
Loss
Step-by-step explanation:
Loss = CP - SP
Loss = Rs (7500 - 6900)
=Rs 600
Loss % = loss / CP × 100
= 600/7500 × 100
= 8%
The loss % is 8%
Explanation: The terms "profit and loss percentage" are used to describe the percentage of profit or loss that has been incurred. It should be mentioned that one approach for comparing two values is the percentage. We compute or compare things in "per cent" in a number of circumstances every day. The ones that involve purchasing and selling items are the most frequent. One can make a profit or incur a loss while selling a good, and these outcomes are typically expressed as percentages.
To find the gain or loss percentage, add the original purchase price to the selling price. Divide the investment's gain or loss by its initial value, which is typically its acquisition price. To get the percentage change in the investment, multiply the figure by 100.
Given Cost Price(CP) and Selling price(SP)
As we can see, , so we have a Loss
Loss
So, the loss is Rs. 600
We know
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