Question

Find the gain or loss percent if :

C.P = 550, Gain
22​

Answer 1

Gain = 22

C.P = 550

Loss = C.P - Gain

= 550-22

= 518

Loss = 518

Answer 2

$gain\% = \frac{gain}{cp} \times 100$

$=\frac{22}{550} \times 100$

$= 4\%$

Please solve it again as per as formula so that you will understand