wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Find gain or loss percent.
CP =Rs. 2,400 and SP =Rs. 2,250

Open in App
Solution

From the given CP and SP we can observe that sales price is less than cost price which means there is a loss.
loss%=CPSPCP×100


So, by using the above given formula,
loss%=240022502400×100=15024=6.25%

flag
Suggest Corrections
thumbs-up
1
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Unitary Method
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon