find the gain and gain percentage when sp =rs 1200 c.p 1000
Answers
Answered by
11
CP = 1000
SP = 1200
SP>CP ; So there will be profit.
Profit = SP - CP
= 1200 - 1000
= Rs. 200
Profit % = (Profit/CP) x 100 %
= (200/1000) × 100 %
= 20 %
Answered by
4
Given :- SP = Rs. 1200 , CP = Rs. 1000 .
To Find :- Gain % = ?
Formula used :-
- Gain = SP - CP
- Gain % = (Gain * 100) / CP
- CP = Cost price
- SP = Selling price .
Solution :-
→ Selling price (SP) = Rs. 1200
→ Cost Price (CP) = Rs. 1000
So,
→ Total gain in Rs. = SP - CP = 1200 - 1000 = Rs. 200
then,
→ Gain % = (Gain in Rs. * 100) / CP
→ Gain % = (200 * 100) / 1000
→ Gain % = 20% (Ans.)
Hence, gain % is equal to 20% .
Extra :-
- Loss = CP - SP
- Loss % = (Loss * 100) / CP
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