Question

find the gain or loss per cent .
Q. CP=rs 900 ​

Answer 1

Correct question:

Find the gain or loss per cent .

• CP = Rs 900 and SP = Rs 1080

Answer:

• The profit percent = 20%

Given:

• The cost price is Rs 900.
• The selling price is Rs. 1080.

Need to find:

• The gain or loss percent = ?

Solution:

• Cost price = Rs 900
• Selling price = Rs 1080

Here,

• Selling Price > Cost price

➪ So it is Profit.

Therefore, Formula used here:

• Profit = Selling Price - Cost price

Putting the values:

➜ Required Profit = Rs 1080 - Rs 900

➜ Required Profit = Rs 180

Now, again formula used here:

• Profit% = Profit/CP × 100

Putting the values:

➦ Required Profit% = 180/900 × 100

➦ Required Profit% = 180/9

➦ Required Profit% = 20%

Therefore:

• The Profit percent is 20%

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