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Which of the following will be the gain or loss percent when CP = Rs 1650 andSP = Rs 1452?

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10%

12%

11%

answer is C.

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Detailed Solution

Given that, CP = Rs. 1650 and SP = Rs. 1452.
We have the following formula:
S.P=selling price.
C.P=cost price.
Gain=S.P-C.P

G a i n % = S . P − C . P C . P × 100

Loss=C.P-S.P

L o s s % = C . P − S . P C . P × 100

The loss percentage is,

= 1650 − 1452 1650 × 100 = 1981650 × 100 = 12 %

The loss is 12%.
Hence, the correct option is 3.

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