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Find the Gain Or Loss Percent, If Cp. = Rs. 216 and Loss = Rs. 72 - Mathematics

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Question

Find the gain or loss percent, if CP. = Rs. 216 and loss = Rs. 72

Sum

Solution

CP. = Rs. 216 and loss = Rs. 72

∴ S.P. = C.P. - loss

= Rs. 216 - Rs. 72 = Rs. 144

Loss % =`("Loss" xx 100)/"C.P" = (72 xx 100)/216 = 100/3 =  33 1/3%`

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Concept for Application to Profit and Loss (Single Transaction Only)
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Chapter 9: Profit, Loss and Discount - Exercise 9 (A)

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Selina Concise Mathematics [English] Class 7 ICSE
Chapter 9 Profit, Loss and Discount
Exercise 9 (A) | Q 1.4
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