Question

CP is 100/- and SP is 135/-. Find profit amount. ​

Answer 1

Answer:

We have, C.P. of watch =Rs2200 and S.P. of watch =1980

Since S.P. < C.P. So, there is a loss given by

Loss=C.P.–S.PLoss=Rs.2200−Rs.1980Loss=Rs.220

Now, let’s calculate loss in percentage

Losspercent=(LossC.P.)×100

Hence, Loss =Rs220 and Loss% =10%