Accounts Tax GST

This question was asked in Ex 8.3, 1

I buy a leather ball for 200 rupees and sell for 225. what is the profit and loss

Anup kumar

March 17, 2021, 9:39 a.m.

Answers!

Aneet Kaur

March 17, 2021, 2:03 p.m.

Cost Price = Rs.200

Selling Price = Rs.225

Profit = SP-CP

= 225-200 = 25

Hence,

We have a profit of Rs.25

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