2.Rajesh bought a TV for Rs8000 and sold it for Rs8560.Find his profit or loss per cent.
Answers
Answered by
1
Answer:
PROFIT IS 560 AND NO LOSS
Step-by-step explanation:
PLEASE MARK AND F0110W
Answered by
1
Answer:
The profit is Rs.560, profit percentage is 7%.
Step-by-step explanation:
You already know that the formula for profit or loss percentage is profit/cost price × 100.
If the Selling Price is larger than Cost Price then it is a profit else if the Selling Price is smaller than the Cost Price then it is a loss. Here it is a profit. Profit is the difference between Selling Price (the price you sell it at) and Cost Price (the price you buy it for). So that is 8560-8000 which is Rs.560. So profit percentage is 560/8000 × 100 = 7%. Hope this helps.
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