Question

Find the gain or loss percent if C.P is 2,000 and S.P is 1,600.​

Answer 1

Answer:

20% loss

Step-by-step explanation:

If cost price is more than the selling price it means a loss

So, Loss=C.P-S.P

=2000-1600

=400

So, % Loss=Loss/Cost price*100%

=400/2000*100%

=40000/2000%

=20% loss

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