Question

(ii) C.P. = Rs 300; S.P. = Rs 240
(iv) S.P. = Rs 1000 ; Gain
Rs 200.​

Answer 1

ANSWER

ii) here, CP >SP

==> there is a lose

==> loss = CP - SP = 300 - 240 = 60

Therefore, THERE IS A LOSS OF Rs. 60.

iv) we know that,

gain = SP - CP

=> CP = SP - gain = 1000 - 200 = 800

therefore, cost price is Rs. 800

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