Question

An old almirah is bought for rs 1850 and later sold for rs 1,290 find the profit or loss​

Answer 1

Answer:

sp=1290

cp=1850

Lose=560

L%=L/CP×100= 560÷1850×100=27.35%

Answer 2

Given:-

• C.P. = ₹1850
• S.P. =₹1290

Here C.P. is greater than S.P. i.e. C.P. > S.P.

So Here loss occur

and Loss = C.P. - S.P.

= 1850- 1290

= ₹ 560

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