Question

find the gain or loss percent. if c.p = rs 500 s.p= rs 550​

Answer 1

Answer:

gain % = 10%

Step-by-step explanation:

C.P. < S.P.

therefore,

there is gain.

gain = SP - CP

gain = Rs 550 - Rs 500/-

gain = Rs. 50/-

gain percent = gain/ CP × 100

gain percent = 50 / 500 × 100

gain percent = 10%

Answer 2

Answer:

Clearly S.P> C.P

So there is a gain given by,

gain percent= {gain/C.P × 100}%

= {50/500× 100}%

= 10%