Question

find the gain or loss percent in the following:- cost price = 50 rupees ; sell price = 42 rupees​

Answer 1

Answer:

Loss of Rs. 8 as CP is greater than SP

Answer 2

Answer:

loss of 16%

Step-by-step explanation:

S.P-C.P = 42-50 = -8 rupees

so loss = -8 rupees

loss% = 8/50 * 100

          = 8 * 2

          = 16%