Find the profit or loss if an article is bought for ` 9,000 and sold for ` 9999.50
Answers
Answered by
1
Answer:
loss for rupees 999.50n
please mark as brainlist answer of
Answered by
14
Hey there...
ur answer is here -----
SELLING PRICE = A commodity sold on which price is known as the selling price .
Cost price = Market price or original price of a commodity is known as the cost price .
PROFIT / GAIN = When a commodity sold in more than it's cost price we earn Gain or profit .
LOSS = When we sold a commodity in less than its cost price we earn loss .
GIVEN ---
C.P.= 9000
PROFIT PERCENT ON SALE= 20%
we know profit = c.p. × profit percent / 100
so ,
Profit = 9000×20/100
= Rs.1800
Nd sales price = c.p. + profit
so, S.P. = 9000 + 1800
= Rs.10,800
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