Question

rohan bought a watch for 540 and sold it for 550 . find loss percentage

Answer 1

Step-by-step explanation:

C.P. of the watch = 540

S.P. of the watch = 550

Since, S.P. is greater than C.P., there is a gain.

Now, Gain = (S.P.) - (C.P.) = ( 550 - 540) = 10

Hence, Gain = ( Gain/ C.p. × 100 )%

= (10/540 × 100)%

= 50/27 % = 1^ 23/27

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