Question

Find the gain ℅ or loss ℅ if C.P=₹1000 and S.P=₹1200 ​

Answer 1

Answer:

gain% is 20

Step-by-step explanation:

let the gain/loss % be x

x% × 1000 = 200

x × 10 = 200

x = 200 ÷ 10

x = 20

Answer 2

Answer:

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Step-by-step explanation:

The formula to calculate the loss percentage is: Loss % = Loss/Cost Price × 100

Loss%=Loss/1000×100

First we need find the loss.

Loss = cost price- selling price.

Loss=1000-1200

Loss = -200

Loss%=-200/1000×100

Loss%= -20%

Loss% means loss percentage. Gain% means profit percentage.

The formula to calculate the profit percentage is: Profit % = Profit/Cost Price × 100.

Gain%=Profit/1000×100

First we need to find the profit.

profit = price – cost.

profit=1200-1000

profit=200

Gain%=200÷1000×100

Gain%=20%