Question

Calculate the profit or loss percent: (a) C.P = 1200, S.P = 1400​

Answer 1

Answer:

Given,

CP=Rs.1200

And,SP=Rs.1400

Also,SP is greater than CP so it the case of profit

therefore, Gain=S.P-C.P=(1400-1200)Rs.

=200Rs.

Now,

Profit%=(gain/C.P×100)=(200/1200×100)%

=16.66%

Answer 2

Answer:

CP = ₹1200, SP = ₹ 1300, find gain or loss