Question

if c.p of an article is rupees 5800 and its. s.p is rupees 4640, then find profit or loss percentage of that article​

Answer 1

$\sf{\huge{\underline{\green{Given :-}}}}$

• C.P. of an article is rupees 5800 and its. S.P. is rupees 4640

$\sf{\huge{\underline{\green{To\:Find :-}}}}$

• Profit or loss percentage of article.

$\sf{\huge{\underline{\green{Answer :-}}}}$

According to the question,

• C.P. of an article is rupees 5800

• S.P. of an article is rupees 4640 .

Here,

CP > SP , here the cost price is more than selling price.

If buying price is more than selling price it means here is a loss.

Loss = CP - SP

➝ 5800 - 4640

➝ 1160

Loss% = $\dfrac{loss}{cp} \times 100$

➝ $\dfrac{1160}{5800} \times 100$

➝ $\dfrac{1160}{58}$

➝ 20%

Here, is a loss by 20% .

Answer 2

Given:-

• Cost Price of an article = Rs. 5800.

• Selling Price of an article = Rs. 4640.

To Find:-

• Profit or Loss percentage of article

Formula used:-

• Loss = Cost Price - Selling Price

• Loss% = $\dfrac{Loss}{C.P}×100$

Solution:-

Here the cost price is more than selling price which means here is a loss.

⟾ Loss = Cost Price - Selling Price

⟾ Loss = Rs. 5800 - Rs. 4640

⟾ Loss = Rs. 1160

Now, we will find loss percentage,

⟾ Loss% = $\dfrac{Loss}{C.P}×100$

⟾ Loss% = $\dfrac{1160}{5800}×100$

⟾ Loss% = $\dfrac{1160}{58}$

⟾ Loss% = $20%$

Hence, the Loss percentage of given article is 20%.

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