An article bought for Rs 300 was sold for Rs 210. Find the profit/loss amount.

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Question

An article bought for Rs 300 was sold for Rs 210. Find the profit/loss amount.

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Athena 2 years 2021-07-15T15:21:43+00:00 2 Answers 0 views 0

Answers ( )

  1. Everleigh
    0
    2021-07-15T15:22:53+00:00
    Reply

    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~

    ▪︎ ₹300 > ₹210

    C.P. or brought amount is greater than S.P. or sold amount.

    _______________________________________________________

    ☆ So, according to note second and fifth point ( C.P. is greater so loss is there)~

    ▪︎ Loss = C.P. - S.P

    ▪︎ Loss = ₹300 - ₹210

    ☆ After doing calculations~

    ▪︎ Loss = ₹90

    Answer:–

    Hence, the article is Loss and the Loss amount = ₹90

    🙂

  2. Savannah
    0
    2021-07-15T15:23:12+00:00
    Reply

    Answer:

    loss 90 rupees

    Step-by-step explanation:

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