Question

find the gain or loss percent if cp Rs 800 and SP Rs 485​

Answer 1

Answer:

★ Loss % = 39.40% ( approx ) ★

Step-by-step explanation:

Given:

• Cost price is Rs 800
• Selling price is Rs 485

To Find:

• Loss or gain percent on transaction

Solution: Here, C.P > S.P So, There is loss.

★ Loss = C.P – S.P ★

$\small\implies{\sf }$ Loss = Rs ( 800 – 485 )

$\small\implies{\sf }$ Loss = Rs 315

★ We know that Loss% = Loss/C.P x 100 ★

$\small\implies{\sf }$ Loss % = 315/800 x 100

$\small\implies{\sf }$ Loss % = 315/8 = 39.375 %

Hence, Loss % will be 39.40% approx