Question

rekha bought a barrel for rs. 12400 and sold it at rs. 11487. find its loss or gain

Answer 1

Here,
Cost Price for Rekha = The money she used to buy the barrels = 12400 Rupees
Hence, C.P. = 12400 Rupees

Selling Price for Rekha = The money she got after selling the barrels = 11487 Rupees
Hence, S.P. = 11487 Rupees

Then,
Rekha's C.P. > Her C.P.
Hence, she has a loss.

Loss = C.P. - S.P.
= 12400 - 11487
= 913

Hence, Rekha's loss is 913 Rupees.

Hope it'll help.. :-D