Question

If the cost price of an item is 120 and selling price is 144. What is the margin/loss percentage?

Answer 1

Answer:

20%

Step-by-step explanation:

cost price. 120

selling price 144

profit. = selling price - cost price

= 144 - 120

= 24

profit % = 24/120*100

=. 20%

Answer 2

Answer:

If CP less than SP ,then its profit and then the ans is 20%

Step-by-step explanation:

If the cost price is less than the selling price ,then there is profit

profit = SP - CP =₹144-120 =₹24. So profit percentage will be

24/120×100 =20%

Therefore 20% will be the answer