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- Identify CP and SP.
- Find profit/loss amount.
- Use CP as base for percentage if asked.
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Correct Answer:
Method / Topic: Profit and Loss
Profit = Selling Price - Cost Price = Rs. 575 - Rs. 500 = Rs. 75.
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Learn + Solve: Shortcut, Trap & Fast Route Click to view shortcut, steps, and common mistake
Shortcut used, common trap, and the fastest solving route
- Identify CP and SP.
- Find profit/loss amount.
- Use CP as base for percentage if asked.
Question Locked
Unlock full topic access, detailed explanations, and premium practice support.
Upgrade to continueExplanation
Correct answer and explanation unlock after the free practice limit.
Upgrade to continueShort Explanation
PremiumShort solution is premium content.
Upgrade to continueDetailed Explanation
Correct Answer:
Method / Topic: Profit and Loss
Profit = Selling Price - Cost Price = Rs. 575 - Rs. 500 = Rs. 75.
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