Question

A product marked Rs. 2000 was sold at a discount of 20%. If the CP of the product was Rs. 1200,what was the profit or loss?​

Answer 1

Answer:

Profit=Rs.400

Step-by-step explanation:

Marked Price=2000

Discount=20%

Cost Price= 1200

Selling Price=?

First We need to find out S.P of the product.

Formula to find out S.P when M.P and Discount% is given:-

S.P=M.P x(100-Discount%)

100

S.P=2000 x(100-20)

100

S.P=1600

Now we know the S.P of the product... therefore we can find out Profit/loss.

Profit=S.P-C.P

Profit=1600-1200

Profit=400

Therefore Ans--- The Profit was of Rs.400

HOPE IT HELPS

Mark me as the BRAINLIEST

Answer 2

Answer:

product was Rs. 1200,what was the profit or loss?

Step-by-step explanation:

A product marked Rs. 2000 was sold at a discount of 20%. If the CP of the product was Rs. 1200,what was the profit or loss?