Question

Formula of loss and gain percent

Answer 1

Step-by-step explanation:

$loss\% = \frac{loss}{cost \: price} \times 100$

$gain\% = \frac{gain}{cost \: price}$ x100%

Extra information

Gain =CP > SP

Loss = SP>CP.

Answer 2

Step-by-step explanation:

gain%= gain ÷ c.p. ×100

loss%= loss÷ c.p.×100