Question

a) C.P = 560 S.P = 660 find gain = ?




b) C.P = 560 S.P = 460 find loss = ?



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Answer 1

Answer:

Step-by-step explanation:

Answer 2

Answer:

a)Therefore the gain of the given question is 100.

b)Therefore the loss of the given question is 100.

Step-by-step explanation:

a) As per the data provided in the given question

The given data is as follows,

Cost price i.e.(C.P.) is 560 and selling price i.e.(S.P.) is 660

We have to calculate the gain.

Here we will be using the formula of gain

$Gain=S.P.-C.P$

We will substitute values of S.P. and C.P in the above formula

Further, we get

$=660-560\\=100$

Therefore the gain of the given question is 100.

b)  The given data is as follows,

Cost price i.e.(C.P.) is 560 and selling price i.e.(S.P.) is 460

We have to calculate the loss.

Here we will be using the formula of loss,

$Loss=C.P-S.P$

We will substitute values of S.P. and C.P in the above formula

Further, we get

$=560-460\\=100$

Therefore the loss of the given question is 100.