Question

Profit=S.P. – C.P., Loss= C.P.- S.P. Find profit or loss. i. S.P.=Rs. 100, C.P.=Rs.80

Answer 1

Answer:

Formula to calculate cost price if selling price and profit percentage are given: CP = ( SP * 100 ) / ( 100 + percentage profit). Formula to calculate cost price if selling price and loss percentage are given: CP = ( SP * 100 ) / ( 100 – percentage loss ).

Answer 2

Answer:

so answer is profit of Rs. 20

Step-by-step explanation:

because

1. Profit=S.P. – C.P., Loss= C.P.- S.P
2. we have s.p.= 100 and c.p. =80

we cannot subtract 80 -100

but we can subtract 100- 80

now we will subtract

80 from 100 (100-80)

100-80 =20

so, our answer is 20