Question

Find the profit loss percent if a cloth merchant buys cloth at Rs 8.00 per meter and sells it at Rs 9.60per meter.​

Answer 1

Answer:

1.60 is answer

Step-by-step explanation:

Step :- 1

Cost Price = ₹8.00. Selling Price = 9.60

selling Price is greater than the Cost Price .

So,we should

Profit =S.P-C.P

=9.60-8.00

= 1.60 is answer.

Answer 2

Answer:

Profit = ₹1.60

Step-by-step explanation:

Profit=SP-CP

CP=₹8.00,SP=₹9.60

Profit = 9.60-8.00

=₹ 1.60