1.

C.P. RS 400; S.P RS 460;find the gain or loss percentage in the following.

Answer»

Hello DEAR,

CP = RS 400
SP = rs 460

CP < SP
so, there is profit

Now profit = SP - CP
profit = 460 - 400
profit = rs 60

now,
profit % = [ profit/CP ] × 100
profit % = [ 60/400 ]×100
profit % = 15%


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