Question

A cloth seller purchased 80m of cloth for Rs 3240 and sold it at the rate of Rs 44 per m. Find his profit or loss. Also find the profit or loss percentage

Answer 1

C. P. =Rs. 3240
S. P. = 44*80=Rs.3520
Gain=S.p.-c.p.
=Rs. 280

Gain%=gain*100/C.P.
=280*100/3240
=8.64%

Answer 2

Step-by-step explanation:

CP = Rs 3240

SP = 43 × 80

=. 3520

Gain = SP - CP

= 3520-3240

= ₹280

Gain % = gain × 100 / CP

= 280 × 100 / 3240

= 8.64 %