Question

Question 1 (d)
Tell what is the profit or loss in the following transactions. Also find the profit percent or loss percent in each case.
d) A skirt bought for Rs 250 and sold at Rs 150.

Answer 1

d) Cost price=Rs250
Selling price=RS150
Loss=250-150=Rs100
$Loss\%=\frac{Loss}{CP}\times 100Loss\%=\frac{100}{250}\times 100=40\%$