Q.1.    Tell what is the profit or loss in the following transaction. Also find profit per cent or loss per cent in each case.

           (d) A skirt bought for Rs 250 and sold at Rs 150.

          
 

Answers (1)
M manish

We have,
SP = Rs 150
CP = Rs 250

Since CP > SP 
Therefore, Loss = CP-SP = Rs 100

and, Loss%
\Rightarrow \frac{100}{250}\times 100= 40\%

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