Question

Find the gain or loss percent in the following cases: (1) S.P. Rs 10, loss Rs 2

Answer 1

Hey...!!!

S. P = rs 10
Loss = rs 2
C.P = sp (100 /100-loss)
= 10 ( 100 / 100 - 2)
= 10 x 100/98
= 10.2040816

Now, loss% = loss/cp x 100
= 2/10.2040816 x 100
= 19.60

Hope it helps...!!!