if i have buy cheese 100rs and sold at 80rs find profit or loss in percentage
Answers
Answer:
Cost Price (CP) - This is the price at which an article is purchased.
Selling Price (SP) - This is the price at which an article is sold.
Profit or Gain - If the selling price is more than the cost price, the difference between them is the profit incurred.
Profit or Gain = Selling price (SP) – Cost price (CP)
Loss - If the selling price is less than the cost price, the difference between them is the loss incurred.
Loss = Cost price (CP) – Selling price (SP)
Gain on Rs. 100 is Gain Percent
Gain% = (Gain * 100)/CP
Loss on Rs. 100 is Loss Percent
Loss% = (Loss * 100)/CP
Profit or Loss is always calculated on the cost price.
Marked Price - This is the price marked as the
Answer:
20% profit
100 rs = 100%
@1 rs = 1%
80 = 80 %
100 -80 = 100% - 80%
20 = 20%
ans - 20%
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