Question

Find the gain or loss per cent when
CP = 400, overhead expenses = 100 and SP = 450​

Answer 1

Given :-

• Cost Price = Rs,400
• Overhead Expenses = Rs,100
• Selling Price = Rs, 450

To Find :-

• The gain or loss per cent

Solution :-

★ Actual Cost Price ★

→ Actual CP = CP + Overhead Expenses

→ Actual CP = 400 + 100

→ Actual CP = Rs,500

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★ Loss or Gain in Rupees ★

→ Loss = CP > SP

→ Loss = CP - SP

→ Loss = 500 - 450

→ Loss = Rs,50

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★ Loss Percentage ★

→ Loss % = Loss ÷ Cost Price × 100

→ Loss % = 50 ÷ 500 × 100

→ Loss % = 50 ÷ 5

→ Loss % = 10%

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Therefore, Loss is Rs,50 and Loss % is 10%

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