We can also write Profit or Loss in Percentage

So, we can write

Last updated at Nov. 6, 2018 by Teachoo

Transcript

Profit & Loss Percentage We can also write Profit or Loss (Link) in Percentage Profit Percentage Cost price = Rs 20 Selling Price = Rs 25 Profit = SP β CP = 25 β 20 = 5 Profit Percentage = ππππππ‘/(πΆππ π‘ πππππ) Γ 100% = 5/20 Γ 100% = 25% Loss Percentage Cost price = Rs 20 Selling Price = Rs 18 Loss = CP β SP = 20 β 18 = 2 Loss Percentage = πΏππ π /(πΆππ π‘ πππππ) Γ 100% = 2/20 Γ 100% = 10% So, we can write Profit = SP β CP Profit % = ππππππ‘/πΆπ Γ 100% Loss = CP β SP Loss % = πΏππ π /πΆπ Γ 100%

Cost price, selling price, profit % , loss%

Chapter 8 Class 7 Comparing Quantities

Concept wise

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Davneet Singh

Davneet Singh is a graduate from Indian Institute of Technology, Kanpur. He has been teaching from the past 8 years. He provides courses for Maths and Science at Teachoo. You can check his NCERT Solutions from Class 6 to 12.