Question

If the cost price is $50 and the sale price is $60, what is the percentage lost or gained

Answer 1

20%

Explanation:

`(((60 - 50))/(50) )*100`

60 - 50 = 10

10 ÷ 50 = 0.2

0.2 × 100 = 20

20 → 20%

Answer 2

percentage gained [(60-50)/50]*100=

20%

Explanation: