find the profit and loss into he following cases (a) cost price - 150 selling price 75. (b) cost price - 550 selling price - 600 (C) cost price - 2000 selling price - 3000
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1 is loss of 75 rupees 2 is profit of 100 rupees 3 is profit of 1000 rupees
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a] CP - SP = 150 - 75 = 25
Loss of RS 25 as CP > SP
b] SP - CP = 600 - 550 = 50
Profit of RS 50 as CP < SP
c] SP - CP = 3000 - 2000 = 1000
Profit of RS 1000 as CP < SP
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