Question

FIND THE PROFIT % OR LOSS %. CP = 800, SP = 870

Answer 1

Answer

Profit % = 8.75%

Step by Step explanation

C.P. = ₹800

S.P. = ₹870

C.P < S.P

Therefore it is Profit

Profit = sp - cp

= 870-800

= 70

Profit in % = profit/cp × 100

= 70/800 × 100

= 70/8

= 8.75

Answer 2

Step-by-step explanation:

C.P.- 800

S.P.- 870

Since, SP>CP

Therefore, there is a profit

Profit = SP-CP = 870-800= 70

Profit%= Profit/CP ×100

= 70/800×100

= 0.0875×100%

= 8.75%

Therefore, there is a profit of 8.75%

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