Question

b) Rahul bought a chair for 1200 and sold it for F2000. Find his loss or profit.​

Answer 1

Answer:

cp= 1200

sp= 2000

profit = sp -cp

=2000 - 1200

=800 rs

Answer 2

Step-by-step explanation:Cost price (CP) of the chair = 1200 rs.

Price on which Rahul sold it i.e. selling price (SP) = 2000 rs.

As, SP > CP

He has got profit.

Profit = SP - CP

= 2000 - 1200

= Rs. 800

Hence, he has got profit of 800 rs.

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