profit % as loss% findat
a. sp=960, cp=750
b. cp=900, sp=740
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Step-by-step explanation:
a. sp = 960 , cp= 750
sp>cp so product will profit
profit = sp-cp = 960-750 = 210
profit% = profit/cp × 100%
= 210/750 ×100%
= 7/25×100%
=7×4% = 28%
b. cp= 900 , sp = 740
cost price more than selling price so product will loss
loss % = loss/cp × 100%
= (cp-sp)/cp ×100%
= (900-740)/900 ×100%
= 160/900 ×100%
= 160/9%
= 17 7/9%
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