Question

Tell what is the profit or loss in the following transactions. Also find profit percent or loss percent in each case
(i) A shirt bought for ₹250 and sold at ₹150
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Answer 1

➤ Given :-

Cost price (CP) :- ₹250

Selling price (SP) :- ₹150

➤ To Find :-

Loss and loss percentage.......

➤ Solution :-

Loss :-

$\longrightarrow \sf \: 250 - 150 = 100$

Loss percentage :-

$\longrightarrow \sf \: \frac{loss}{CP} \times 100$

$\longrightarrow \sf \: \frac{100}{250} \times 100$

$\longrightarrow \sf \cancel \frac{10000}{250} = 40 \: \%$

$\Huge\therefore$The loss is ₹100 and the loss percentage is 40%.

Answer 2

I

If loss then, S. P. = C. P. - loss

Shirt bought Rs 250

Sold - Rs.150

250-150 = 100

Loss % = ( loss * 100)