selling price is 440 and getting it 10% profit so what is buying price?
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⚡Hey mate⚡
✨Here is your answer✨
In the pic selling price with 10 % profit = 440
It means that 440 is equal to 110%
Because cost price is 100 % + 10 % profit
110% = 440
If 110% = 440
Then 1% is
1% = 440 ÷ 110
1% = 4
If 1% equal to 4 then 100 % is
100 % = 4 × 100
100 % = 400
It means that cost price is 400 rupees
Now we have to sold the item in 370 rupees
It means that we have loss on it
Loss = cost price - sell price
Loss = 400 - 370
Loss = 30
We have to calculate loss present
Loss % = loss ÷ cost price × 100
Loss % = 30 ÷ 400 × 100
Loss % = 7.5
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@GENIUS
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