Question

find gain % or loss% if C.P.= 300 rs, S.P.= 240 rs​

Answer 1

Answer:

there is a loss of 20% .

Step-by-step explanation:

please thanks my answer

Answer 2

➤ Given :-

Cost price :- ₹ 300

Selling price :- ₹ 240

➤ To Find :-

Gain or loss percentage of the given sum

➤ Formula required :-

${\large \tt \dashrightarrow \orange{\boxed{\tt \gray{\dfrac{Gain \: (or) \: Loss}{Cost \: price} \times 100}}}}$

➤ Solution :-

Here, the cost price is greater than the selling price so the loss will be obtained

Loss :-

${\tt \longrightarrow 300 - 240}$

${\tt \longrightarrow Rs \: \: 60}$

Now,

Loss percentage :-

${\tt \longrightarrow \dfrac{60}{300} \times 100}$

${\tt \longrightarrow \dfrac{60}{\cancel{300}} \times \cancel{100} = \dfrac{60}{3}}$

${\tt \longrightarrow \cancel \dfrac{60}{3} = \boxed{\tt 20 \bf\%}}$

$\Huge\therefore$ The loss percentage of the given sum is 20%.

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$\dashrightarrow$ Some related formulas :-

Profit :- ${\boxed{\tt SP-CP}}$

Loss percentage :- ${\boxed{\tt\dfrac{Profit}{CP} \times 100}}$

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More to know :-

• Profit and loss are obtained for all shopkeepers in their shops. The profit is obtained when the selling price is greater than cost price. The loss is obtained when the cost price is greater than selling price. The profit and loss can also be converted into percentage format by some mathematical formulas.
• To convert the profit to percentage from, first we should divide the profit and cost price and then multiply by 100.
• To convert the loss to percentage form, first we should divide the loss and cost price and then multiply by 100.