Question

U Pom
UU
1
Find the profit or loss in each of the following cases :
(i) C.P. = Rs. 250, overhead expenses = Rs. 30, S.P. = Rs. 300.​

Answer 1

Answer:

profit of ₹20

Step-by-step explanation:

S.P is which u have received from selling that product

C.P is the cost u have incurred to make that product

Overhead expenses are additional expenses u have incurred to make that product (so it is to be added to C.P)

Profit / loss = S.P - {C.P + overheads}

                  = 300 - {250+30}

                  = 300 - 280

                  = 20