Question

sonu purchased goods for ₹2500. if 1/5th goods sold at the profit 5% and remaining of 4/5th, of the goods at the profit of 10%. find the total gain and the gain percentage​

Answer 1

Answer:

Cost price (CP) The amount for which an article is bought is called its cost price.

Selling price (SP) The amount for which an article is sold is called its selling price.

Profit or gain When (SP) > (CP) then there is a gain.

Gain = (SP) - (CP)

Loss When (SP) < (CP) then there is a loss.

Loss = (CP) - (SP).

Notes:

The gain or loss is always reckoned on the cost price