Question

what is the gain or loss %when (b) sp=$720 cp=$640?​

Answer 1

Answer:

profit%=12.5%

Step-by-step explanation:

selling price=$720

cost price=$640

SP>CP =>profit...or gain

p%=profit × 100

cp

profit:

sp-cp=profit

$720-$640=$80

profit=$80

profit percentage

profit ×100

cp

80 ×100 = 12.5%

640