Question

THE COST PRICE OF AN ARTICLE IS RS 700 AND ITS SELLING PRICE IS RS 658. THEN THE PROFIT OR LOSS PERCENTAGE IS

Answer 1

Answer:

6℅

Step-by-step explanation:

cp=700

sp=658

loss=cp-sp

=700-658

=42

now,percent of loss=42/700*100℅

=6℅

Answer 2

Here Cp =700 and

Sp =658

Here cp is greater than sp

so here is a loss

loss =cp- sp

= 700 - 658 = 42

And profit °/•

$100°/• \times \frac{42}{700} = 6$

therefore loss =6°/•