Question

Find the gain or loss per cent when the following parameters r given.

i.CP = ₹12500 and SP = ₹13000
ii.CP = ₹1600 and SP = ₹1280
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Answer 1

Answer:

I. Gain - ₹500

ii. Loss - ₹400

Step-by-step explanation:

If the cost price is lesser than the selling price then there is gain

If the cost price is more than the selling price then there is loss

Answer 2

Answer:

i)As profit is 500

Profit% = Profit/C.P × 100

= 500/12500 × 100

20/6 %

ii)As loss is 320

Loss% = Loss/C.P × 100

320/1600 × 100

20%

Step-by-step explanation:

Hope it helps you ✌️