Question

Loss%, when CP = 460 and SP = 380​

Answer 1

CP = rs 400

SP = rs 460

CP < SP

So, there is profit

Now profit = SP - CP

profit = 460 - 400

profit = rs 60

Now,

profit % = [ profit/CP ] × 100

profit % = [ 60/400 ]×100

profit % = 15%

Answer 2

when

CP = 460 and SP = 380 so loss % is 17.39