Q4. Mandala Art bought for Rs.
250 and sold at Rs. 150. Profit
or Loss? Also, find the Profit
percent or Loss Percent?
Answers
Answered by
0
Answer:
loss and percentage is 40.
Step-by-step explanation:
loss because selling price is less than cost prize. and percentage is given by( (selling price - cost price )/ cost prize ) *100.
Answered by
3
Answer:
Cost Price: Rs. 250
Selling Price: Rs. 150
Since the item is sold at a less price compared to the price when bought, it's a loss.
Loss: 250 - 150 = 100Rs.
Loss Percent: 100 × Loss/Cost Price
= 100 × 100/250
= 40%.
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