Question

Find the profit or loss if cost price is Rs. 500 and selling price is Rs. 800

Answer 1

Answer:

Profit = Rs 300

Step-by-step explanation:

Profit=(S.p -C.p )

=Rs 800 -Rs 500

=Rs 300

Answer 2

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$\bf {Profit = R.S \:300}$

Step-by-step explanation:

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• S.P = ₹800

• C.P = ₹500

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• Profit Or Loss

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• Here in this question S.P is greater than C.P. So, Profit occurs.

• Note:- When S.P is greater than C.P there is Profit.
• When C.P is greater than S.P there is loss.

• We know that Profit = S.P - C.P

• Profit = 800 - 500

• Profit = ₹300

$\bf {Profit = R.S\: 300}$