Question

1) Find gain if SP = 550 and CP =400​

Answer 1

Answer:

Gain = 550 - 400

= 150.

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Answer 2

Answer:

Given,

SP = Rs550

CP = Rs400

To Find:-

Gain(P)

Let's Understand:-

If SP is greater than CP then we can find the profit.

Formula Required :-

P = SP - CP

Solution :-

P = Rs550 - Rs400

P = Rs150

$\sf\therefore$ Profit = Rs150.

Know More :-

1) SP = Selling Price

2) CP = Cost Price

3) P = Gain (or) Profit

4) L = Loss

5) P = SP - CP , when SP > CP

6) L = CP - SP , when CP > SP