Question

1. Find the profit or loss per cent.
(a) C.P. = 500, S.P= 650​

Answer 1

Step-by-step explanation:

c.p. = 500

S.P. = 650

PROFIT = S.P - c.p (650-500)

= 150

PROFIT % = (PROFIT÷ c.p. × 100)

= 150÷500×100

= 30%

LOSS = c.p - S.P (500-650)

= - 30

LOSS% = (LOSS÷ c.p ×100)

= -150÷500×100

= -30 %