Question

Find the profit or loss a) SP =1050 CP = 950​

Answer 1

Answer:

If SP =1050 CP = 950​ then profit = Rs 100.

Step-by-step explanation:

If the cost is less than the selling price then it's a profit.

CP < SP ---- Profit

If the cost price is more than the selling price then it's a loss.

CP> SP ------ Loss

If SP =1050 CP = 950​

SP> CP

So, profit = SP - CP = 1050 - 950

Profit = Rs 100

Answer 2

Here the selling price and the cost price is given

Selling price = 1050

cost price = 950

We have to find the profit or loss

Now, as the selling price is greater than the cost price, there will be profit

So, profit = selling price - cost price

               = 1050 - 950

              = 100

Hence, the profit will be Rs. 100