Question

Ashok bought a cap for Rs 40 and sold it with 80% profit. Then he bought a hanky spending Rs 12. How much money does he have now?
Rs

Answer 1

Answer:

see this down I will not give answer but this will explain u

Step-by-step explanation:

Cost Price (CP) - This is the price at which an article is purchased.

Selling Price (SP) - This is the price at which an article is sold.

Profit or Gain - If the selling price is more than the cost price, the difference between them is the profit incurred.

Profit or Gain = Selling price (SP) – Cost price (CP)

Loss - If the selling price is less than the cost price, the difference between them is the loss incurred.

Loss = Cost price (CP) – Selling price (SP)

Gain on Rs. 100 is Gain Percent

Gain% = (Gain * 100)/CP

Loss on Rs. 100 is Loss Percent

Loss% = (Loss * 100)/CP

Profit or Loss is always calculated on the cost price.

Marked Price - This is the price marked as the selling price on an article, also known as the listed price.

Discount or Rebate - This is the reduction in price offered on the marked or listed price.

If an article is sold at a gain of 10%, then SP = 110% of CP.

If an article is sold at a loss of 10%, then SP = 90% of CP.