Question

If C.P = 60, S.P = 20 then C.P> S.P = _________​

Answer 1

Answer:

Step-by-step explanation:

To find out loss or gain % where, C.P=Rs. 60 & loss =12  

2

1

​  

%

as we know that,

Selling price (S.P)=Costprice(C.P)×[  

(100)

100−Loss%

​  

]

So, here we get,

S.P=60×[  

100

100−121/2

​  

]

=60×[  

100

100−12.5

​  

]

=60×  

100

87.5

​  

 

⇒3×17.5

⇒52.5 Rs  

⇒ S.P=52.5

∴ Loss =7.5% on the cost price, as we got selling price as 52.5 Rs.