when a shirt which costs ₹300 is sold for ₹260?
Answers
Step-by-step explanation:
loss =40rupees
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➤ Given :-
Cost price (CP) :- ₹ 300
Selling price (SP) :- ₹ 260
➤ To Find :-
Gain or loss percentage of the shirt
➤ Formula required :-
\large \tt \orange{\boxed { \gray { \tt loss \div cp \times 100} }}
loss÷cp×100
➤ Solution :-
Loss :-
\tt \to 300 - 260→300−260
\to \tt40→40
Loss percentage :-
\to \tt \dfrac{40}{300} \times 100→
300
40
×100
\to \tt \dfrac{40}{ \cancel {300}} \times \cancel{100} = \dfrac{40}{3}→
300
40
×
100
=
3
40
\tt \to13. 33\bf\%→13.33%
\Huge\therefore∴ The loss percentage of the shirt is 13.33\bf\%%
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\dashrightarrow⇢ Some related formulas :-
Loss = {\boxed{\tt CP-SP}}
CP−SP
Profit = {\boxed{\tt SP-CP}}
SP−CP
Loss percentage = {\boxed{\tt Loss \div CP \times 100}}
Loss÷CP×100
Profit percentage = {\boxed{\tt Profit÷CP \times 100}}
Profit÷CP×100