Question

loss percent and profit percent are always calculated on
i ) cost price
ii ) selling price
iii ) both of these
iv ) none ​

Answer 1

Answer:

i ) Cost price

Profit percentage formula: The profit percent can be calculated as: Profit % = 100 × Profit/Cost Price. Percentage Loss: The loss percent can be calculated as; Loss % = 100 × Loss/Cost Price.

Answer 2

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answer is i) Cost price

i) Cost priceProfit percentage formula: The profit percent can be calculated as: Profit % = 100 x Profit/Cost Price. Percentage Loss: The loss percent can be calculated as; Loss % = 100 x Loss/Cost Price.

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