Fill in the blanks to make the statement true: Sonal bought a bed sheet for and sold it for . Her ______ is ______.
Evaluate Profit or Loss
Given, cost price (CP) of bed sheet
and, sale price (SP) of bed sheet
As the sale price is greater than cost price of bed sheet, thus, a “Profit” is made on sale.
We know that,
So, , i.e. .
Thus, Sonal makes a profit of on sale of bed sheet.