Question

what is profit or loss and how many ..
cost price is 1600, selling price rs 2800 ...
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Answer 1

Answer: Profit, 1200

Step-by-step explanation:

CP= 1600

SP= 2800

1600 < 2800.

CP < SP therefore it is a profit.

Profit= SP-CP

       = 2800-1600 = 1200

Hope it helps. pls mark brainliest

Answer 2

CP=1600

SP=2800

So SP>CP
When SP is greater than CP it is profit.

Profit = SP-CP
= 2800-1600
= 1200

So profit is ₹1200

Hope it helps you