Question

naresh bought a radio set for rupees 390 and sold it for rupees 360 find his gain or loss percentage ​

Answer 1

Answer:

Cost price = 390 rupees

Selling price = 360 rupees

Since selling price is less than cost price, clearly Naresh has a loss.

Loss = Cost price - Selling price

= 390 - 360

Loss = 30 rupees

$loss\% = \frac{loss}{cost \: price} \times 100 \\ \\ = \frac{30}{390} \times 100 \\ \\ = 7.69\%$

Hope it helps.

Answer 2

Answer:

Cost price = 390 rupees

Selling price = 360 rupees

Since selling price is less than cost price, clearly Naresh has a loss.

Loss = Cost price - Selling price

= 390 - 360

Loss = 30 rupees

$\sf \begin{gathered}loss\% = \frac{loss}{cost \: price} \times 100 \\ \\ = \frac{30}{390} \times 100 \\ \\ = 7.69\%\end{gathered}$

Hope it helps!