# 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.

M manish

We have,
CP = Rs 2500
SP = Rs 3000

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

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

Exams
Articles
Questions