If CP = Rs53 and SP = Rs73 , then find the profit or loss.

Options

A. Rs20 profit
B. Rs60 loss
C. Rs40 profit
D. Rs60 profit

Answer

To find the profit or loss when the cost price (CP) and selling price (SP) are given, follow these steps:

### Step-by-Step Solution:

1. **Identify the Cost Price (CP) and Selling Price (SP)**:
- Given:
- Cost Price (CP) = Rs 53
- Selling Price (SP) = Rs 73

2. **Determine if there is a Profit or Loss**:
- Compare SP and CP:
- Since SP (Rs 73) is greater than CP (Rs 53), this indicates a profit.

3. **Calculate the Profit**:
- Use the formula for profit:
\[ \text{Profit} = \text{Selling Price} - \text{Cost Price} \]
- Substitute the values:
\[ \text{Profit} = 73 - 53 \]

4. **Perform the Calculation**:
- Calculate:
\[ \text{Profit} = 20 \]

5. **State the Result**:
- Therefore, the profit is Rs 20.

### Final Answer:
The profit is Rs 20.

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