Question

Find the gain or loss % in the following:
C.P$=Rs750$, overhead expenses $=Rs50$; Profit=$Rs80$

Answer 1

C.P $=Rs.750$

Overhead charges $=Rs.50$

$\therefore$ Total C.P$=750+50=Rs.800$

Profit $=Rs.80$

$\therefore$ S.P $=800+80=Rs.880$

Hence

Percentage profit $=(\frac{880}{800}-1)\ast 100$

$=0.1\ast 100=10\%$