Question

The cost price of an item is twice its selling price. Find the gain/loss percent.

Answer 1

Answer:

loss%=100x^-1

Step-by-step explanation:

Let,

S.P. = x

then,

C.P. = 2x

C.P. is greater than S.P. so, there is loss.

loss = S.P./C.P.

=2x/x

=2

Loss % = (loss ×100%)/C.P.

= 2×100/2x

= 100x^-1

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