Question

find the gain or loss percent C.P=50 SP=42

Answer 1

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Answer 2

Heya !

Here's your answer !!


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GIVEN THAT :

Cost Price ( C.P. ) = Rs. 50

Selling Price ( S.P. ) = Rs. 42


TO FIND :

Gain % or Loss %

SOLUTION

Since,

C.P. > S.P.

Therefore,

It is loss

Loss = C.P. - S.P.

=> 50 - 42

=> Rs. 8


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Loss % = 100 × Loss/C.P.

=> 100 × 8/50

=> 2 × 8

=> 16 %


ANS ) The loss % is 16 %


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Thanks !!