Question

If a purchased for 1085rs and sold at 1020rs then what is the percentage

Answer 1

Purchase for Rs 1085

Sold for Rs 1020

Purchase - Sold = Profite / Loss

1085 - 1020 = 65

Purchase value is more than Sold value

there for he is in loss

= 65/100

= 0.65% loss

Answer 2

Step-by-step explanation:

Pen c. P. =₹1085

Pen S. P. =₹1020

So,

1085>1020

CP>SP

Loss=1085-1020=₹65

Loss percent=loss /cp×100

=65/1085×100

5.9%

So, he has a loss of ₹65 and 5.9%.

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