Explanation:
profit =20 rs
profit% = 20/80*100
=25%
Answer:
Profit=20
If SP>CP,
It is profit. [Profit=SP-CP]
If SP<CP,
It is loss. [Loss=CP-SP]
If SP=CP,
No gain no loss.
Solution:
SP=100
CP=80
SP>CP,
It is profit.
Profit=SP-CP=100-80=20
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