Question

Find the profit percent or loss percent : A shirt bought for Rs. 300 and sold at Rs. 240. pls help​

Answer 1

C.P =240

S.P = 300

profit =300-240=60 rupees

p%=p/cp×100

=60÷240×100 =25%

Answer 2

Answer:

Loss percentage is 20% .

Step-by-step explanation:

Given -

Selling price = Rs. 240

(sold means selling)

Cost price = Rs. 300

( Brought means cost price)

Find gain or loss percentage.

As,

Cost price is more than selling price loss occurred.

Loss = cp - sp

Where,

SP= Selling price

CP = Cost price

By putting given values

$loss = 300 - 240$

$loss = 60$

So,

loss is of Rs 60.

We know that,

Loss percentage = $\frac{loss}{cp} \times 100$

By putting given values

Loss percentage = $\frac{60}{300} \times 100$

By dividing 60 and 300 by 10 we get

Loss percentage = $\frac{6}{30} \times 100$

Loss percentage = $\frac{6 \times 100}{30}$

Loss percentage = $\frac{600}{30}$

Loss percentage $= 20$

Hence,

Loss percentage is 20% .