how to find how profit or loss is going on ?
say ans also and say how do you get the answer ?
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Answer:
1) C.P <S.P
Profit = S.P- C.P
Profit= 60-50
Profit=10
Profit%=P/ CP×100
Profit%=10/50×100
Profit%= 20% answer
2) C.P>S.P
Loss= S.P- C.P
Loss= 12000-9000
Loss= 3000
Loss%= (loss/C.P×100)%
Loss%= ( 3000/12000×100)%
Loss%=25% answer
Step-by-step explanation:
Take the selling price and subtract the initial purchase price. The result is the gain or loss. Take the gain or loss from the investment and divide it by the original amount or purchase price of the investment. Finally, multiply the result by 100 to arrive at the percentage change in the investment.
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