An article bought for Rs 300 was sold for Rs 210. Find the profit/loss amount.
Question
An article bought for Rs 300 was sold for Rs 210. Find the profit/loss amount.
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Mathematics
2 years
2021-07-15T15:21:43+00:00
2021-07-15T15:21:43+00:00 2 Answers
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Answer:
Given:–
An article bought for ₹300 was sold for ₹210. Find the profit/loss amount.
To Find:–
The profit/loss amount.
Note:–
●》If a sold amount is more than of amount which is used for bought, then it is called as profit.
●》If a sold amount is less than of amount which is used for brought, then it is called as loss.
●》Sold amount is also known as S.P. ( Selling price ), Brought amount is also known as C.P. ( Cost price )
●》For finding the profit = ( sold amount or S.P. ) – ( brought amount or C.P. )
●》For finding the loss = ( Brought amount or C.P. ) – ( Sold amount or S.P. )
Solution:–
C.P. or brought amount = ₹300, S.P. or Sold amount = ₹210.
☆ As we compare the amount~
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C.P. or brought amount is greater than S.P. or sold amount.
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☆ So, according to note second and fifth point ( C.P. is greater so loss is there)~
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☆ After doing calculations~
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Answer:–
Hence, the article is Loss and the Loss amount =
🙂
Answer:
loss 90 rupees
Step-by-step explanation:
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