Question

Ramesh bought a cycle for rupees 5550 and sold it for rupees 6030. find the loss or gain percentage​

Answer 1

if cp is. 5550 and sp is 6030

and when we subtract SP-CP we have gain

so,. 6030-5550= 480

Now, we solve the gain percent

P% = P/CP×100

P% = 480/5550×100= 8.648 approximately