Question

find the gain or loss % in the following . cp = ₹ 750 , overhead expense =₹50: profit =₹ 80

Answer 1

SOLUTION:

C.P = 750

Overhead charges = 50

Therefore total C.P = 750+50=800

Profit =₹80

Now, S.P = 800+80 = 880

∴ profit% = 880/800

= 1.1% ans.