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Profit % Loss %

Gain percent ...

Question

Gain percent is the gain that is obtained on the C.P of ?100. Loss percent is the loss that is obtained on the C.P of ?100

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Solution

Dear student,
The gain and loss percentage are calculated on Cost price,

$f r o m u l a f o r g a i n a n d l o s s p e r c e n t a g e G a i n % = \frac{S P - C P}{C P} \times 100 L o s s % = \frac{C P - S P}{C P} \times 100 R e g a r d s$

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