Tell what is the profit or loss in the following transactions. Also find profit per cent or loss per cent in each case. A skirt bought for ₹ 250 and sold at ₹ 150.
Pawan Prajapati , 4 Years ago
Grade 12
1 Answers
Harshit Singh
Last Activity: 4 Years ago
Dear Student
Since (SP) < (CP), so there is a loss Loss = (CP)–(SP) =₹(250 - 150) = ₹100 Loss % = {(Loss/CP) × 100} = {(100/250) × 100} = {10000/250} = 40%
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