Question

the sp of an item is 340 and the cp of an item is 240. find its loss or profit percent

Answer 1

profit is 100 rupees and for profit percent=profit/cp×100=100/240×100=41.66

Answer 2

Here is your answer

SP =340

CP =240

PROFIT = SP - CP. = 340- 240. =100

PROFIT% = PROFIT x 100/CP

=100 x 100/240

= 41.66 % ANSWER

Hope it helps you