Find the Gain Or Loss Percent, If C.P. = Rs. 550 and Gain = Rs. 22 - Mathematics

Find the gain or loss percent, if C.P. = Rs. 550 and gain = Rs. 22

Sum

C.P. = Rs. 550 and gain = Rs . 22

∴ S.P. = C.P. + gain

= Rs. 550 + Rs. 22 = Rs. 572

Gain % =`("Gain" xx 100)/"C.P" = (22 xx 100)/550 = 4%`

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Concept for Application to Profit and Loss (Single Transaction Only)

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