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Find the gain or loss percent when CP = ₹ 1650 and SP = ₹ 1452.

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Best answer

CP = ₹ 1650 and SP = ₹ 1452

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

Loss = (CP) – (SP)

= ₹ (1650 – 1452)

= ₹ 198

Loss % = {(Loss/CP) × 100}

= {(198/1650) × 100}

= {19800/1650}

= 12%

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