Q.3 Find the loss percent if CP is Rs. 15,000, overhead expenses are Rs. 2500 and SP is Rs.
14000
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1
Answer:
Step-by-step explanation:
Given =
CP = 15000 rs
Expenses = 2500 rs
And
SP = 14000
Total CP = Given CP +Expenses
= 15000+2500
= 17500 rs
Here Cp = 17500
and Sp = 14000
SO , CP>SP, So it is loss
loss = CP-SP
= 17500-14000
= 3500rs
Loss% = L/CP*100
3500/17500*100
= 20%
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