Question

find profit or loss per cent if :
s.p.=$1600. loss.=$400​

Answer 1

Answer:

Profit, Profit per cent = 300%

Step-by-step explanation:

Here,

SP > CP

Therefore, there is profit...

Profit percent = SP - CP / CP x 100

=> 1600 - 400/400 x 100

=> 1200/400 x 100

=> 3 x 100

=> 300%

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Answer 2

Answer:

cp 2000

loss% = 40000/1600

25% is the loss