Question

If the CP of 30 is increased by 20% and the SP is 17 increased by 100%, then there will be:

Answer 1

Answer:

CP=30

Increase by 20% is

20/100 * 30 = 6

Then CP become 30+6=36

Now,

SP = 17

Increased by 100%

i.e. 100/100 * 17=17

Now SP = 17+17=34

new CP=36

and SP=34

As CP > SP there is a LOSS

And Loss=CP-SP

= 36-34=2

Step-by-step explanation: