Find the Profit or Loss if S.P. = Rs 865 and C.P.= Rs 565
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Answer:
Profit - Rs 300
Step-by-step explanation:
A profit occurs when the S.P of an object is greater than the C.P of the object.
On the other hand, a loss occurs when the C.P of an object is greater than the S.P of the object.
As of this question , the S.P is greater than the C.P , hence is a profit.
Profit = S.P - C.P
= Rs 865 - Rs 565
= Rs 300.
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