calculate the profit or loss and profit or loss percent in each of the following cases 1) c. p=Rs332,s.p=Rs350
Answers
Hello, Here is your required answer..!!
Given that :
Cost Price = Rs 332
Cost Price = Rs 332Selling Price = Rs 350
Cost Price = Rs 332Selling Price = Rs 350 Profit = SP - CP
Cost Price = Rs 332Selling Price = Rs 350 Profit = SP - CP = 350 - 332
Cost Price = Rs 332Selling Price = Rs 350 Profit = SP - CP = 350 - 332 = Rs 18
There is a profit of Rs 18
Profit percent = Profit × 100
CP
= 18 × 100
332
= 0.054 × 100
= 5.4 %
There is a profit of 5.4 %
Hope it helps✌
Answer:
There is Profit because S.P is greater than the C.P price so
Profit - S.P - C.P
x - ₹350 -₹332
x - ₹18
Formula - Profit / C.P ×100
0.054 ×100
5.4 % is the ans