Question

If an article is bought at Rs.250 and sold at Rs. 200, find the profit or

loss percentage in the transaction.​

Answer 1

Answer:

20% Loss

Step-by-step explanation:

Cost Price of article = 250

Selling Price of article = 200

Hence , Sp<Cp , there is a loss.

Loss = SP - CP= 250 - 200

= 50

Loss % = loss/ cp × 100= 50/250×100

= 20 %

Answer 2

Answer: loss =50

loss%=20%

Loss%=50×100/250

20%

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