Question

60, he makes a profit of 10. Here 50 is called
the cost price (CP.) and * 60 the selling price
PROFIT AND LOSS
If a man buys an article for 750 and sells it for
(S.P.).
h. His
. Find it for 75, he loses 5.
Profit = S.P.-CP .
If the man buys another article of 7 80 and sells
...
Loss = C.P. - S.P.
Remember
7. Profit % =
Profit x 100
СР.
2. Loss % =
Loss x 100
C.P.
Example 1. If C.P. = 400, SP. = 3500. Find
profit or loss percentage.
​

Answer 1

Answer:

Prices Related to Buying and Selling ... Let the C.P. of the article be Rs. x He makes a profit of 20% Hence S.P. ... He would sell it for Rs. 75 less Then the new S.P. = Rs. (56x−75)