Question

Please answer the question ​

Answer 1

Answer:

Step-by-step explanation:

CP 1 = 940/1.15 = 817.39

CP 2 = 940/0.85 = 1105.88

Total CP = 1923.27

Total SP = 940×2 = 1880

CP > SP

So there is loss

Loss% = 43.27/1923 × 100 = 2.24%