find the profit or loss and in each of following and find the loss percentage and profit percentage also a)C.P= ₹65.85 S.P= ₹55.25 b) C.P= ₹185.75 S.P = 172.50
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- Profit or Gain = Selling price – Cost price
- Loss = Cost price – Selling price
- Profit Percentage = [Profit/C.P.]×100
- Percentage Loss = [Loss/C.P.]×100
a) CP=65.85
SO=55.25
Profit= 55.25 - 65.85
Loss = 10.6
loss percentage = (10.6/65.85) *100
= 16.09%
b) Loss= 185.75-172.50
=13.25
loss percentage= (13.25/185.75)*100
= 7.13%
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