find the gain or loss percent when cp= 185 and sp= 200
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1
Answer:
cp = 185
sp = 200
gain has occurred since sp > cp
gain = sp-cp = 200 - 185 = 15
gain % = gain /cp x 100 = {15 x 100}/185 = 300/37 % = 8.10 % gain
Answered by
2
Here the cost price and the selling price are given
cost price = 185
selling price = 200
We have to find the loss or profit percent
Now, as the selling price is greater than cost price, there will be a profit
profit = selling price - cost price
= 200 - 185
= 15
profit percentage = (profit/cost price) × 100
= (15/185) × 100
= 8.1
Hence, the profit percentage will be 8.1%
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