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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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## Answers ( )

Answer:Given:–Anarticleboughtfor₹300wassoldfor₹210.Findtheprofit/lossamount.ToFind:–Theprofit/lossamount.Note:–●》Ifasoldamountismorethanofamountwhichisusedforbought,thenitiscalledasprofit.●》Ifasoldamountislessthanofamountwhichisusedforbrought,thenitiscalledasloss.●》SoldamountisalsoknownasS.P.(Sellingprice),BroughtamountisalsoknownasC.P.(Costprice)●》Forfindingtheprofit=(soldamountorS.P.)–(broughtamountorC.P.)●》Forfindingtheloss=(BroughtamountorC.P.)–(SoldamountorS.P.)Solution:–C.P.orbroughtamount=₹300,S.P.orSoldamount=₹210.☆Aswecomparetheamount~▪︎

C.P.orbroughtamountisgreaterthanS.P.orsoldamount._______________________________________________________☆So,accordingtonotesecondandfifthpoint(C.P.isgreatersolossisthere)~▪︎

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☆Afterdoingcalculations~▪︎

Answer:–Hence,thearticleisLossandtheLossamount=🙂

Answer:loss 90 rupees

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