Question

Find the gain or loss % in the following (1) C.P=₹750, overhead expenses =₹50 : Profit=₹80

Answer 1

C.P = 750
Overhead charges = 50
Therefore total C.P = 750+50=800
Profit =₹80
Therefore S.P = 800+80 = 880
Therefore profit% = 880/800
= 1.1%

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