Question

Reena sold a carpet for rupees 10,000, cost price of the carpet was 8000,find the profit or loss

Answer 1

Answer:

selling price SP= 10000

cost price CP= 8000

profit or loss = SP-CP

=10000-8000

=2000

i.e. here it is profit

hope this helps

Answer 2

Given; Sale price of the carpet=10,000 Rs

The cost price of the carpet= 8000 Rs

To Find; Profit or Loss

Solution; To find profit and loss we first look at the cost price and the sale price. In the given question sale price is greater than the cost price so there is profit.

Profit =Sale price- cost price

= 10,000-8,000

=2000 Rs

Hence profit is rs 2000