OBJECTIVE TYPE QUESTIONS
Mark the correct alternative in each of the following:
1. CP-200 and SP-250, then the profit or loss is equal to
(b) 50 profit (c) 25 profit
(d) 25 loss
(a) 50 loss
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Answer:
50 profit
Step-by-step explanation:
solved as in attachment
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Cp-200
Sp-250
now,
p=sp-cp
or, = 250-200
or, = 50
therefore: the profit is 50.
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