Find the gain or loss percent when CP = ₹80 and SP = ₹76.80. – InterviewSolution

1.

Find the gain or loss percent when CP = ₹80 and SP = ₹76.80.

Answer»

We know that SP is less than CP so it’s a loss.As the formula states Loss = CP – SP

80 – 76.80 = 3.20

Loss% = (Loss × 100) / CP

= (3.20 × 100) / 80

= 4%

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