Question

C.P=12000 and S.P=12800.Find the gain or loss percent

Answer 1

CP = 12000
SP = 12800
SP is greater than CP = Gain
= Gain% = Gain/CP × 100
= 800/12000×100
= 6.66%

Answer 2

Answer:

Profit percentage is 6.67%.

Step-by-step explanation:

Given cost price = 12,000

Selling price = 12,800

Profit shows when = Cost price < selling price

Loss shows when = Cost price > selling price

Here Selling price is greater than cost price so it is a profit or gain.

Profit = selling price - cost price

Profit = 12,800 - 12,000 = ₹ 800

Profit percentage = $\frac{800}{12,000}\times 100$

                             = 6.67%

Profit percentage is 6.67%.

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