Question

Find the profit and loss percentage if marked price =rs2200 cost price =rs 1800 and discount =10%

Answer 1

I think 180 rupees is the profit.

Answer 2

Hi ,

Cost price ( cp ) = Rs 1800

Marked price ( mp ) = Rs 2200

Discount = d = 10%

Selling price ( SP) = mp( 100 - d ) /100

= 2200 ( 100 - 10 ) /100

= 22 × 90

= Rs 1980

Therefore ,

SP > CP

He gets profit.

Profit ( g ) = SP - CP

= 1980 - 1800

= Rs 180

Profit% = ( g × 100 ) /CP

= ( 180 × 100 )/ 1800

= 10

profit = 10%

I hope this helps you.

:)