Find the profit or loss% A.CP= rupees 1500 SP= rupees 250
Answers
Answered by
0
Answer:
83.33%
Step-by-step explanation:
CP is ₹1500
SP is ₹250
CP is greater than SP
CP ₹ 1500 - SP ₹250
= LOSS = 1250
LOSS% = LOSS ÷ CP × 100
LOSS% = 1250 ÷ 1500 × 100
= 83.33%
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Answered by
3
Before, finding the answer. Let's find out on how we can find the answer.
- To determine whether it is Profit or Loss, we have to check by using this technique :
Profit = S.P > C.P
Loss = C.P > S.P
- After, we find out that. We must subtract both Selling Price and Cost Price to find the Profit/Loss.
- Now, here we have to use the formula of :
__________________
Given :
- C.P = Rs. 1500
- S.P = Rs. 250
To find :
- profit or loss%
Solution :
Since,
C.P > S.P here is a loss.
Loss = C.P - S.P
= Rs. 1500 - 250
= Rs. 1250
Loss % =
=
=
= 83.3 %
Hence, Loss % is 83.3 %.
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