Question

Find the gain or loss percent: C.P. = ₹ 216 and Loss = ₹ 72

Answer 1

Given: C.P. = Rs. 216 and Loss = Rs. 72
⇒ Loss percent $=\frac{\text{Loss}}{C.P.}\times 100$
$=\frac{72}{216}\times 100$
$=\frac{100}{3}$
=33$\frac{1}{3}$ (2 Mark)
Hence, the loss percent is 33 $\frac{1}{3}$%.