Question

find the gain or loss percent ,when a) cp=Rs3500,overhead expenses =Rs150and loss =Rs146 b)Rs=1820 and gain =Rs 420 ​

Answer 1

(a) CP = 3500, Overhead = 150, Loss = 146

Total money spent = 3500 + 150 = 3650

Loss percent = (146/3650) x (100/1)

= 0.04 x 100

= 4% Loss

(b) CP = 1820, Gain = 420

Gain percent = (420/1820) x (100/1)

= 0.23 (Approx) x 100

= 23% Gain

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