Pl answer that question with explanation
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Answer:
540-480 = 60 loss and profit ..480 +540 = 60
Step-by-step explanation:
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Step-by-step explanation:
Given
• CP = Rs.480
• SP = Rs.540
⇨As SP is greater than CP the shopkeeper gets profit
Profit = SP - CP ⇔Profit/gain = 540 - 480⇔Gain = 60
Gain % = x 100
Gain % = x 100
Gain % = 11.11%
Therefore,the shopkeeper gets 11.11% profit
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