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Question

If CP = ₹200 and SP = ₹250, then the profit or loss is equal to

(a) ₹50 loss
(b) ₹50 profit
(c) ₹25 profit
(d) ₹25 loss

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Solution

Since, SP is more than CP.

Therefore, profit = SP − CP
= ₹250 − ₹200
= ₹50

Hence, the correct option is (b).

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