CP = 345
SP = 789
PROFIT =
Answers
The Profit made was of Rs. 444
Given :
Cost Price = Rs. 345
Selling Price = Rs. 789
To find :
Profit
Solution :
The rate at which shop sells the goods to us is known as the selling price.
The rate at which the shopkeeper buys the goods from the wholesaler and manufacturer is his cost price.
If the shopkeeper's selling price is greater than the cost price, the shopkeeper earns a profit or he gains.
If his cost price is greater than the selling price his cost price he suffers a loss.
Here,
CP = Rs. 345
SP = Rs. 789
It is a Profit
★ We know That :
The Profit made was of Rs. 444
Answer:
444 Rs..
Step-by-step explanation:
Selling price
----------------
the price at which a good or service is sold by the seller to the buyer.
Cost price
--------------
the cost of producing something or the price at which it is sold without making any money
* When SP >CP
Profit occur
*when CP>SP
loss occur
--------------------------------
**In this Case **
SP >CP
it's a profit
Selling price = 789 Rs
Cost price = 345 Rs
to find out what is profit we know the formula
that is, Profit = SP - CP
= 789-345 Rs
= 444 Rs