Question

Find gain and loss percent:-
(i) CP=RS.445 AND SP=RS.472.80
(ii) CP=RS.620 AND SP=RS.720
​

Answer 1

Answer:

(i) Gain %age = 6.25%

(ii) Gain %age= 16.13%

Explanation:

Since the SP is greater than CP it's a gain.

Gain percentage= [(SP-CP)/ CP] ×100

(i) Gain %age = 27.8/445 × 100

= 6.25%

(ii) Gain %age = 100/620 × 100

= 16.13%