find the gain or loss percent C.P.=20.00 S.P. =19.50
Please answer with full explanation
Answers
Answer:
C.P. or cost price = 20.00
S.P. or selling price = 19.50
HENCE,THE COST PRICE IS MORE THAN SELLING PRICE SO, WHEN THE COST PRICE IS GREATER THAN THE SELLING PRICE WE WILL RECEIVE LOSS AND WHEN THE SELLING PRICE IS GREATER THAN THE COST PRICE WE WILL RECEIVE GAIN
So here the cost price or c.p. is greater than the SELLING PRICE we will receive loss of 1.50
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Answer:
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Step-by-step explanation:
cp = rs 20.00
sp = rs 19.50
we know that,
if cp > sp than there is loss
if sp > cp than there is profit
so now in question
there is cp > sp
so there is loss
loss = cp - sp
loss = rs 20.00 - rs 19.50
loss = rs 0.50
loss % = loss / cp × 100
lloss % =oss % = rs 0.50 / rs 20.00 × 100
loss % = 0.50 × 5
loss % = 2.5 %
(loss % clearly is given in attachment see from there if you didn't understand from here okk)