find profit. if cost price is ₹235,selling price ₹262
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Answer:
Heya!!
Here is your answer :
CP or Cost Price is - $ 250
SP or Selling Price is - $ 235
So, $ 250 - $ 235 = $ 15
You may be questioning that Profit or Loss ?
It is Loss, Because CP is greater than SP.
Follow these rules :
i) If CP is greater than SP it is a Loss.
ii) If SP is greater than CP it is a Profit.
NOW,
Finding, Loss % -
15 / 250 × 100 = 6%
Therefore, the loss percent is 6.
Follow these rules :
i) Loss % = Loss / CP × 100.
ii) Profit % = Profit / CP × 100.
Hope it helps you.
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Step-by-step explanation:
Answered by
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Cost Price - ₹235
Selling Price - ₹262
Since, S.P. > C.P, profit is made.
Profit = S.P. — C.P. = ₹262 — ₹235 = ₹27
The profit is of ₹26
Selling Price - ₹262
Since, S.P. > C.P, profit is made.
Profit = S.P. — C.P. = ₹262 — ₹235 = ₹27
The profit is of ₹26
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