Taehyungshii
Answered

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if my cost price is $6300 and my selling price is $5000 then what would be my gain and gain percentage?​

Sagot :

VirαtKσhli

Given :-

  • CP = $6300
  • SP = $5000

To Find :-

  • The gain and gain % .

Solution :-

Well there is no gain as you can see the CP > SP .So there is a loss . We can find the loss and loss% . As ,

[tex]\longrightarrow[/tex] Loss = CP - SP

[tex]\longrightarrow[/tex] Loss = $(6300-5000)= $1300

Now the loss% is ,

[tex]\longrightarrow[/tex] Loss% = Loss/CP * 100

[tex]\longrightarrow[/tex] Loss% = $1,300/$6300*100

[tex]\longrightarrow[/tex] Loss% = 13/63 * 100

[tex]\longrightarrow[/tex] Loss% = 20.63%

Hence the loss is $1300 and the loss% is 20.63%.

jessekwasiafful

Step-by-step explanation:

Cost Price = $6300

Selling Price = $5000

Loss = $6300 - $5000

= $1300

Loss percentage = $1300/6300 × 100

= 20.6%

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