Question

using the figure given below frame problem based on profit percent or loss percent and solve the problem first cost price rupees 1600 selling price rupees 2800​

Answer 1

Answer:

profit= selling price - cost price

= 2800-1600

= 1200 rs

Answer 2

Profit percentage = 75%

Step-by-step explanation:

Given cost price = 1600 Rs.

and selling price = 2800

profit = selling price > cost price

Loss = selling price < cost price

Here, selling price is greater than cost price so it is profit.

Profit = selling price - cost price

         = 2800 - 1600

Profit = 1200 Rs.

$\text{Profit percentage}=\frac{profit}{\text{cost price}} \times 100$

                           $=\frac{1200}{1600}\times 100$

                           = 75%

Profit percentage = 75%

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