An article was bought for 2000 and sold for 2200. Find the gain or loss.
Choose the correct choice from the following:
A) 200 B) 300 C) 400 D) 500 E) 600
Sol. C.P. of the article = 2000   S.P. of the article = 2200   Since S.P. &gt; C.P. So there is gain.   Gain (profit) = S.P. – C.P.   =2200 –2000 =200 200nswer 200
<result>A</result>
An article was bought for 2000 and sold for 2200. Find the gain or loss.