Question

find the profit or loss percent, if C.P.=Rs. 55 and S.P. = Rs. 72.60?​

Answer 1

Answer:

CP=Rs.55

SP=Rs.72.60

Since,SP>CP There will be a profit.

Profit=SP-CP

=72.60-55=Rs.17.60

Therefore,There will be a profit of Rs.17.60

Now we have to find Profit %.

Remember the formula which is

Profit %=Profit /CP×100

Profit %=17.60/55×100

Profit %=32

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