Question

Find gain or loss in percentage if CP = 1600 and SP = 1840?​

Answer 1

Answer:

gain=1840-1600=1240

then, gain% = 1240/1600×100 %

=124000/1600 %

=77.5 %

Answer 2

Answer:

Step-by-step explanation:

Solution,

Given,

CP = 1600

SP = 1840

SP>CP so it is Profit

Profit = SP - CP

        = 1840 - 1600

        = 240

Profit percentage = Profit X 100%

                                   CP

                            = 240 X 100%

                                1600

                           =  15%

hence, the profit percentage is 15%