Question

if cp is 800 and sp is 1000 find profit and loss​

Answer 1

Answer:

Profit = 200

Step-by-step explanation:

CP = 800

SP = 1000

800 < 1000

∴ CP < SP

∴ there is a profit

Profit = SP - CP = 1000 - 800 = 200

Answer 2

Answer:

cp =800

sp =1000

profit =sp - cp

1000 - 800 = 200

gain = 200