SP - 750 CP - 850 find the gain or loss percentage
Answers
Given:
Selling Price (S.P.) = ₹750
Cost Price (C.P.) = ₹850
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To find:
Gain or loss percent.
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Solution:
₹750 < ₹850
S.P. < C.P.
Since C.P. is greater than S.P., then it is a loss.
Loss = C.P. - S.P.
Loss = ₹(850-750)
Loss% = ×100%
Loss% = ×100%
Loss% = 11.7%
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Final answer:
Loss is of ₹100 and loss% is 11.7%
Question :-
SP - 750 CP - 850 find the gain or loss percentage.
Answer :-
- Loss is of ₹100
- Loss% is 11.7%
Given :-
S.P. = ₹750
C.P. = ₹850
➤ S.P ( Selling Price )
➤ C.P ( Cost Price )
To find :-
- What is the Gain or loss percent ?
To calculate :-
As from the given we know
₹750 < ₹850
That means
S.P. < C.P.
If selling price is more than the buying then it is absolutely loss .
Hence ,
We know the formula of loss :-
➤ Loss = C.P. - S.P.
⇒ ₹(850-750)
⇒ Loss =
Now , let's find out loss percent :-
⇒Loss% = Loss /C.P ×100%
⇒ 100/850 ×100%
Therefore ,
⇒ Loss % = 11.7%