Question

Find the gain or loss in the following :
$CP=Rs46000$, overheads=$Rs4000$: S.P.=$Rs60000$

Answer 1

According to question,

$CP=46000$,

$SP=60000$

CP+overheads $=46000+4000=50000$

$SP-$Total $CP=60000-50000=10000$

Which is positive,

Hence , $gain=10000Rs$