Question

2. If CP of an article is Rs. 200 and S.P is Rs. 210, there will be
O (a) 10% Gain
O
(c) 10% Loss
(c) 5% Gain
c)
(d) 5% Loss​

Answer 1

Step-by-step explanation:

Given:-

CP of an article is Rs. 200 and S.P is Rs. 210

To find:-

CP of an article is Rs. 200 and S.P is Rs. 210, there will be a profit or loss and find percentage

Solution:-

Cost Price of an article (CP) = Rs. 200

Selling Price of the article (SP )= Rs. 210

210>200

Selling Price > Cost Price

If Selling Price is greater than the Cost Price then there will be Profit.

Profit (or) Gain = Selling Price - Cost Price

=>Gain = 210 - 200

Gain = Rs .10

we know that

Gain percentage = (Gain / Cost Price)× 100

=>G% = (Gain×100)/Cost Price

=>G% = (10×100)/200

=>G% = 1000/200

=>G% = 5

Gain percentage = 5%

Answer:-

If CP of an article is Rs. 200 and S.P is Rs. 210, there will be 5 % gain .

Used formula:-

• Gain or Loss is calculated only on the Cost Price.
• Gain = Selling Price - Cost Price
• Gain% = (Gain / Cost Price)×100