Question

find loss or profit if cp=1200 sp=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:

it would be profit by rs 200

as he or she bought it for rs 1200 and sold it for rs 1400..