(c) What will be the cost price when selling price is 680 and profit is * 50 ? (b) 830 (c) ₹730 O (d) 630 2. ₹603 (a) Profit and Loss 111
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(c) What will be the cost price when selling price is 680 and profit is * 50 ? (b) 830 (c) ₹730 O (d) 630 2. ₹603 (a) Profit and Loss 111
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Step-by-step explanation:
We have, C.P. of the toy =Rs250 and S.P. of the toy = Rs285
Since S.P. > C.P .So, there is profit/gain given by:
Profit=S.P.–C.P.Profit=Rs.285–Rs.250Profit=Rs.35
Now lets calculate gain in percentange:
Profit%=(ProfitC.P.)×100Profit%=(35250.)×100%Profit
Hence, Gain = Rs 35 and Gain% =14%
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