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  • Tell what is the profit or loss in the following transactions. Also find profit per cent or loss per cent in each case. A cupboard bought for Rs 2,500 and sold at Rs 3,000.

Q.1.    Tell what is the profit or loss in the following transactions. Also find profit per cent or loss per cent in each case.

           (c) A cupboard bought for Rs 2,500 and sold at Rs 3,000.
 

Answers (2)

best_answer

We have,
CP = Rs 2500
SP = Rs 3000

Since SP > CP
Therefore, Profit = SP - CP = 500

and, Profit %
\Rightarrow \frac{500}{2500}\times 100 = 20\%

Posted by

manish

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nani

 

 

Posted by

S.Sanjeev

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