Question

Rashmi bought a purse for rupees 720 and sold it for rupees 660 find the loss or gain percent

Answer 1

Answer:

cost price of the purse =720

selling price of the purse=660

cp>sp

hence, there is a loss

loss=cp - sp

=720-660=60

loss%=loss/cp *100

=60/720*100

= 8.3%

Answer 2

$\huge\underline\mathrm\green{Answer:-} \\ \mathrm{C.P. \: of \: the \: purse \: = \: ₹ \: 720.} \\ \mathrm{S.P. \: of \: the \: purse \: = \: ₹ \: 660.} \\ \mathrm{Since \: C.P. >S.P., \: Rashmi \: has \: a \: loss.} \\ \mathrm{Loss \: = \: (C.P.) \: - \: (S.P.) \: = \: ₹ \: (720 \: - \: 660) \: = \: ₹ \: 60.} \\ \mathrm{Loss \: \% \: = \:\frac{Loss}{C.P.}\times100 \: \% \: } \: \mathrm{= \: \frac{60}{720}\times100 \: \%} \: \mathrm{ \: = \frac{25}{3} \: \%} \: \mathrm{ \: = \: 8\times \frac{1}{3}} \: \%.$