If $C.P.=200,\ S.P.=224$, find profit.

Given: $C.P. =200,\ S.P.=224$

To do: To find the profit.

Solution:

$C.P.=Rs.\ 200$ and $S.P.=Rs.\ 224$

$\therefore$ Profit $=S.P.-C.P.$

$=Rs.\ 224-Rs 200$

$=Rs.\ 24$

Profit %$= \frac{( Profit\times100)}{C.P.}$

$=\frac{( 24\times100)}{200}$

$=12$ %


Updated on: 10-Oct-2022

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