1.

If i have buy cheese 100rs and sold at 80rs find profit or loss in percentage​

Answer»

ong>Answer:

Cost Price (CP) - This is the price at which an article is purchased.

Selling Price (SP) - This is the price at which an article is sold.

PROFIT or Gain - If the selling price is more than the cost price, the DIFFERENCE between them is the profit incurred.

Profit or Gain = Selling price (SP) – Cost price (CP)

Loss - If the selling price is less than the cost price, the difference between them is the loss incurred.

Loss = Cost price (CP) – Selling price (SP)

Gain on Rs. 100 is Gain Percent

Gain% = (Gain * 100)/CP

Loss on Rs. 100 is Loss Percent

Loss% = (Loss * 100)/CP

Profit or Loss is always calculated on the cost price.

Marked Price - This is the price marked as the



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