Question

find gain % or loss %
CP = 1800 ; SP = 1611​

Answer 1

Answer:

If CP = 1800 rs, SP = 1611 Rs then loss% = 10.5 %

Step-by-step explanation:

• When, in a transaction, the selling price is greater than the cost price, it means we earn a profit.
• The profit or gain is equal to the selling price minus cost price.
• When, in a transaction, the cost price is greater than the selling price, it means we incur a loss.
• Loss is equal to cost price minus selling price.

CP = Rs 1800

SP = Rs 1611

CP> Sp

So, loss = CP - SP

= 1800 - 1611

= 189 Rs

Loss % = Loss/CP × 100

= 189/1800 × 100

= 189/18

= 10.5 &

So, loss % is 10.5%.