Question

I cost price of an article in a 500
and selling price of that
de is 700Find the gain or loss her kant
Ps Rx​

Answer 1

$\huge \rm {\underline \red{Question - }}$

I cost price of an article in a 500

and selling price of that

de is 700Find the gain or loss percent.

$\huge \bf { \underline \pink{Answer - }}$

Given:-

• Cost price of an article=Rs.500
• Selling price of an article=Rs.700

$\huge \tt{ \underline \blue{Find - }}$

• Find the Gain or loss percent

$\huge \sf{ \underline \purple{Solution - }}$

If CP is greater than Selling price then there is loss while on the other Hand if the Selling Price is greater then Cost price Then there is profit.

In this question Selling price is greater than cost price so there is profit.

$\large\boxed{\fcolorbox{red}{yellow}{Profit=Sp-Cp}}$

So,Profit=Rs.700-Rs.500=Rs.200

Formula use to find Profit percent is :-

$profit\% = \frac{profit \times 100}{cp}$

$profit\% = \frac{200 \times 100}{500} = \frac{20000}{500} = 40\%$

Profit%=40%

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$\large\bold\pink\bigstar{Hope~it~helps}$