Question

if a radio is bought for Rs. 360 and sold for Rs.404 then profit or loss percent is ?

Answer 1

CP = Rs. 360
SP = Rs. 404

Profit = SP - CP = 404-360 = Rs. 44
Profit percent = (profit/CP) * 100
                     = (44/360)*100
                     = 12.22%

∴ Profit is 12.22%

Answer 2

hi there,
cp=360
sp=404
its gain since sp is greater 
gain=404-360=44
gain %=44*100/360=12.22%