Question

3. If CP = * 112, SP = *132, then find gain.​

Answer 1

Answer:

gain = sp - cp

gain = 132 - 112

gain = 20

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Answer 2

Answer:

Formula to calculate cost price if selling price and profit percentage are given: CP = ( SP * 100 ) / ( 100 + percentage profit).

Formula to calculate cost price if selling price and loss percentage are given: CP = ( SP * 100 ) / ( 100 – percentage loss ).