Question

Meerut purchased a flower vase for Rupees 560 and sold it for Rupees 532 find it's profit or loss percent ​

Answer 1

Answer:

5% is the loss

Given:

• Cost Price of a flower vase = ₹560
• SP of a flower vase = ₹ 532

To Find:

• Percentage of loss or profit.

Solution:

SP < CP, So Meerut is at a loss.

Loss = CP - SP

Loss = ₹ 560 - ₹ 532

Loss = ₹ 28

Loss percentage = Loss/ CP × 100

= ₹28/ ₹560 × 100

= 1/20 × 100

= 5

Meerut is at a loss of 5%

Answer 2

Answer:

GIVEN:- S.P= 532 C.P=560

SINCE, CP IS BIGGER THAN SP.

MEERUT HAVE LOSS OF 560-532=28rs

LOSS%= 100×loss/CP

LOSS%= 100×loss/CP =100×28/560

=5%

THEREFORE, MEERUT HAVE A LOSS OF 28RS AND LOSS PER CENT IS 5%.

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