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.
(b) A refrigerater bought for 12,000 and sold at 13,500.
(c) A cupboard bought for 2,500 and sold at 3,000.
(d) A skirt bought for 250 and sold at 150.​

Answer 1

Answer:

a) profit

b) profit

c) profit

d) loss