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Profit and Loss
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Which among the three is greater in case of profit? [Selling price/ Buying price/ Cost price]
Selling price
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Profit = ₹50; CP = ₹75, SP = ?
SP = ₹125
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Arnav sold a watch for ₹180 which he purchased at ₹200. What is the SP and CP?
SP = ₹180, CP = ₹200
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What is the formula to find loss?
Loss = CP - SP
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CP = ₹2000; SP = ₹2800. Is it profit or loss?
Profit
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A shopkeeper buys 20 pens for ₹100. and sells them at ₹175. Find the profit/loss.
Profit = ₹75
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CP = ₹550; SP = ₹475. Find the loss.
₹75
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