Question

loss cp ×100=30 150×100​

Answer 1

Step-by-step explanation:

On finding profit or loss percent we use the following formula:-

Profit % = P % = (Profit / C.P ) x 100

Loss % = L % = ( Loss /C.P )x 100

Where, P% = Profit percent

P = Profit

C.P. = Cost Price

L % = Loss per cent

L = Loss

Examples on finding profit or loss percent

1) Find the gain or loss percent, if

C.P. = $ 400$ , S.P. = $ 500$

Solution :

We have, C.P. = $ 400$and S.P. = $ 500$.

Since, S.P. > C.P.

Therefore, there is gain or profit.

Profit = S.P. – C.P.

= $500$ - $400$ = $100$

∴ Profit per cent = Profit / C.P. x 100

= 100 / 400 x 100

= 25%