Question

C.P = ₹ 400 : SP = ₹460 find it gain or loss

Answer 1

The gain will be SP-CP =460-400=60 an there is no loss.

Answer 2

⭐⭐⭐⭐⭐ ANSWER ⭐⭐⭐⭐⭐

✔ We know very well all the formulas used in this chapter - " PROFIT AND LOSS".

✔ C. P. = Rs. 400, S. P. = Rs. 460

✔ Obviously, this is profit since S. P. Is greater than C. P.

✔ Profit = Rs. (S. P. - C. P.)

= Rs.(460-400)

= Rs. 60

✔ Profit% = (Profit/C. P.) ×100%
= (60/400)×100%
= 15%

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Let us revise all the formulas once again :-

1) Profit = S. P. - C. P.
2) Loss = C. P. - S. P.
3) Profit% = (Profit/C. P.) ×100%
4) Loss% = (Loss/C. P.) ×100%


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⭐⭐⭐ ALWAYS BE BRAINLY ⭐⭐⭐