Question

Find the profit or loss Percent if cp is 200and sp is 224

Answer 1

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Answer 2

Cp =200

Sp=224

By comparing this Sp is greater than Cp

Hence it is a profit

Profit = Sp-Cp

= 224-200

= 24

Therefore

Profit percentage = profit *100%/Cp

= 24*100%/200

=12%