Question

Complete the following table with appropriate entries (Wherever possible)

Answer 1

Answer:

The table is completed and shown below.

Cost Price (C.P.) is the amount in which a person buys the item.

Selling Price(S.P.) is the amount in which a person sells the item.

Also, If S.P. > C.P., then there is profit.

and if C.P. > S.P. then there is a loss.

Further, the important formulas are:

• Profit = S.P. - C.P.

• Loss = Cost price (C.P.) - Selling Price (S.P.)

• Gain% = (Profit / CP) * 100

• Loss% = (Loss / CP) * 100

• SP = [(100 + Profit%) / 100] * CP

• SP = [(100 - Loss %) / 100]*CP

Answer 2

Answer:

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