Question

Find the gain or loss percent if

C.P. =₹ 600. S.P. =₹550 


it's Isha​

Answer 1

CP = 600

gain = 550

$gain \: \: = \: \frac{550}{600} \times 100$

= 91.6666666667%

Answer 2

Answer:

Finding the Profit:

When the selling price is more than the Cost price then the profit will occur.

Profit = Selling price - Cost price

Profit = 600 - 500

Profit = 100

The formula to Profit percentage is as follows:

= profit /cp ×100

= 100/500×100

=. 1/5 ×100

=. 100/5

= 20\%

Step-by-step explanation:

hope it helps you