Question

1. A shopkeeper bought a table for 3 250,50. He sold it for 3 300.50. Find his profit or loss.
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Answer 1

QUESTION :

A shopkeeper bought a table for 3 ,250,50. He sold it for 3 ,300.50. Find his profit or loss.

FORMULA :

Profit = Selling Price - Cost Price

Loss = Cost Price - Selling Price

ANSWER :

It is a profit because the selling price is higher than cost price,

Therefore,

Profit = Selling Price - Cost Price

Profit = 3,300.50 - 3,250.50

Profit = 50

FINAL ANSWER : Profit of Rs. 50

Answer 2

Answer:

Hi,

Step-by-step explanation:

According to question

CP of Table: 3250.50

SP of Table: 3300.50

Here CP < SP

Therefore Profit of 50

Profit % = $\frac{Profit}{CP} * 100$

=> 50/3250.50 * 100