Question

Find the gain or loss percent when:

CP = 1200 and SP = 1280​

Answer 1

Answer:

loss

Step-by-step explanation:

1280-1200=80 percent loss

Answer 2

Answer:

Profit

Step-by-step explanation:

As we know that ,

SP-CP=PROFIT

therefore,profit =Rs( 1280-1200) =Rs80

So, the profit percentage = (P/CP)*100

=(80/1200)*100

=6.666 percent, i.e. approximately 6.67 percent