Question

1) If Cost price = Rs 200 and Selling price = Rs 240 FIND THE PROFIT WITH PROCESS

Answer 1

If the Cost price is Rs 200 and the selling price is Rs 240 then the profit amount is Rs40.

To get the profit amount you are gonna minus the cost price from the selling price.

Selling price - Cost price = Profit amount
240 - 200 = 40