Taehyungshii
Answered

Westonci.ca is the best place to get answers to your questions, provided by a community of experienced and knowledgeable experts. Get immediate and reliable solutions to your questions from a knowledgeable community of professionals on our platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

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%

We appreciate your time on our site. Don't hesitate to return whenever you have more questions or need further clarification. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.