Question

1. Tell what is the profit or loss in the following transactions. Also find profit per cent or
loss per cent in each case.
(a) Gardening shears bought for 250 and sold for 325.​

Answer 1

Step-by-step explanation:

CP = 250

SP = 325

if SP > CP , then profit

Profit = SP - CP

= 325-250

= 75

Profit % = (Profit÷CP)×100

=(75/250)×100

= (3/10)×100

= 3×10

= 30

Gardener makes ₹75 profit and 30% profit

Answer 2

Answer:

since CP< SP there Isa profit

profit = SP-CP

= 325-250

= rupees 75

Profit percent =Profit /CP *100

75/250*100

75/5×2

15*2=30%