Find the gain or loss percent when CP = ₹ 1800 and SP = ₹ 1611. – InterviewSolution

1.

Find the gain or loss percent when CP = ₹ 1800 and SP = ₹ 1611.

Answer»

CP = ₹ 1800 and SP = ₹ 1611

Since (SP) < (CP), so there is a loss

Loss = (CP) – (SP)

= ₹ (1800 – 1611)

= ₹ 189

Loss % = {(Loss/CP) × 100}

= {(189/1800) × 100}

= {189/18}

= 10(1/2)%

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