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

Answers ( )

    0
    2021-07-15T15:22:53+00:00

    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

    🙂

    0
    2021-07-15T15:23:12+00:00

    Answer:

    loss 90 rupees

    Step-by-step explanation:

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